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Question: statement of cash flows anns flowers inc reported 2008 net...

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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
  Inventory

6.80

5.40

  Notes payable

10.84

8.12

  Total $15.00 $13.60   Total $15.00 $13.60


What is the 2008 net cash flow from operating activities for Ann's Flower's, Inc.?

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