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2.5 Kendall Corners Inc recently reported net income of $ 3.1 million, and depreciation of $500,000. What was its net cash flow? Assume it had no amortization expense. In order to calculate net cash flow we need to add the non cash expenses back to net profit
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Unformatted text preview: ( http://blog.arborinvestmentplanner.com/2011/05/what-is-net-cash-flow/ ) Net cash flow = Net income + Depreciation Net Income = 3100000, Depreciation = 500000 NCF = 3100000 + 500000 NCF = 3600000 = $3.6 million...
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