Business, 05.05.2020 05:39 khalibarnes001

Hi-Tech, Inc., reports net income of $66.0 million. Included in that number are depreciation expense of $5.6 million and a loss on the sale of equipment of $1.6 million. Records reveal increases in accounts receivable, accounts payable, and inventory of $2.6 million, $3.6 million, and $4.6 million, respectively. What are Hi-Tech's net cash flows from operating activities? (List cash outflows and any decrease in cash as negative amounts. Round your answers to 1 decimal place. Enter your answers in millions (i. e., $10,100,000 should be entered as 10.1).)

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Hi-Tech, Inc., reports net income of $66.0 million. Included in that number are depreciation expense...

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