Solution-Ans flowers inc reported 2008 net income of 1

Ans flowers inc reported 2008 net income of 1 million and

Reference no: EM13567824

Ann's Flowers, Inc. reported 2008 net income of $1 million and depreciation of $250,000. The top part of 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	$2	Accrued wages and taxes	$1	$1
Accounts receivable	4	5	Accounts payable	3	4
Inventory	6	5	Notes payable	9	7
Total	$13	$12	Total	$13	$12

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

	$2,250,000
	$1,250,000
	$1,000,000
	$-1,000,000

Reference no: EM13567824

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Ans flowers inc reported 2008 net income of 1 million and

Reference no: EM13567824

Reference no: EM13567824

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