Question: statement of cash flows anns flowers inc reported 2008 net...
Statement of Cash Flows Ann's Flowers Inc.
reported 2008 net income of $1.80 million and depreciation of
$258,000. The top part Ann's Flowers, Inc.'s 2007 and 2008 balance
sheets is listed below (in millions of dollars).
|Current assets:||2007||2008||Current liabilities:||2007||2008|
|Cash and marketable securities||$3.80||$2.40||Accrued wages and taxes||$1.08||$1.08|
|Accounts receivable||4.40||5.80||Accounts payable||3.08||4.40|
What is the 2008 net cash flow from operating activities for Ann's Flower's, Inc.?