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Kendall Corners Inc. recently reported net income of $3.1 million and depreciation of $500,000. What was its net cash flow?

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ahmedgodtrust

Answer:

Net cashflow = Net income + Depreciation

Net cashflow = 3,100,000 + 500,000 = 3,600,000 dollars

Explanation:

Net cashflow equals net income plus depreciation.

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