What is the net cash flow from operating activities

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Reference no: EM131517310

Ann's Flowers Inc. reported 2008 net income of $2.90 million and depreciation of $269,000. 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 $4.90 $2.95 Accrued wages and taxes $1.19 $1.19 Accounts receivable 4.95 6.90 Accounts payable 3.19 4.95 Inventory 7.90 5.95 Notes payable 13.37 9.66 Total $17.75 $15.80 Total $17.75 $15.80 What is the 2008 net cash flow from operating activities for Ann's Flower's, Inc.?

Reference no: EM131517310

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