What is the net cash flow from operating activities

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Statement of Cash Flows Ann's Flowers Inc. reported 2008 net income of $1.10 million and depreciation of $251,000. 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 $3.10 $2.05 Accrued wages and taxes $1.01 $1.01 Accounts receivable 4.05 5.10 Accounts payable 3.01 4.05 Inventory 6.10 5.05 Notes payable 9.23 7.14 Total $13.25 $12.20 Total $13.25 $12.20 What is the 2008 net cash flow from operating activities for Ann's Flower's, Inc.? $1,291,000 $1,100,000 $2,391,000 -$1,050,000

Reference no: EM131321684

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