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apter 10 and 11 Saved Help Save & Exit Submit Check my work Engineering Wonders...

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Accounting

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apter 10 and 11 Saved Help Save & Exit Submit Check my work Engineering Wonders reports net income of $70 million. Included in that number is building depreciation expense of $6 million and a gain on the sale of land of $2 million. Records reveal decreases in accounts receivable, accounts payable, and inventory of $3 million, $4 million, and $5 million, respectively. What are Engineering Wonders' net cash flows from operating activities? (List cash outflows and any decrease in cash as negative amounts. Enter your answers in millions (i.e., $10,100,000 should be entered as 10.1).) ENGINEERING WONDERS Statement of Cash Flows (partial) Cash flows from operating activities Adjustments to reconcile net income to net cash flows from operating activities Net cash flows from operating activities Next >

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