For 2019, Nirvana Industries disclosed cash revenue of $11.0 million and cash expenses of $6.0 million, depreciation on plant and equipment of $2.5 million and an effective tax rate of 21%. For 2019,...


For 2019, Nirvana Industries disclosed cash revenue of $11.0 million and cash expenses of $6.0 million, depreciation on plant and equipment of $2.5 million and an effective tax rate of 21%.  For 2019, Nirvana Industries had capital expenditures of $1.0 million to purchase manufacturing equipment and invested $850,000 in net working capital.  What were the net (total) cash flows for Nirvana Industries in 2019?

Round your answer to the nearest hundredth of million $



Jun 03, 2022
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