Statement of Cash Flows Ann's Flowers Inc. reported 2008 net income of $2.10 million and depreciation of $261,000. The t
-
- Site Admin
- Posts: 899603
- Joined: Mon Aug 02, 2021 8:13 am
Statement of Cash Flows Ann's Flowers Inc. reported 2008 net income of $2.10 million and depreciation of $261,000. The t
Statement of Cash Flows Ann's Flowers Inc. reported 2008 net income of $2.10 million and depreciation of $261,000. The top part Ann's Flowers, Inc.'s 2007 and 2008 balance sheets is listed below (in millions of dollars). Current assets: 2007 2008 Cash and marketable securities $4.10 $2.55 Accounts receivable 4.55 6.10 Inventory 7.10 5.55 Total Multiple Choice $2,100,000 What is the 2008 net cash flow from operating activities for Ann's Flower's, Inc.? $1,701,000 $1,550,000 Current liabilities: Accrued wages and taxes Accounts payable Notes payable $3,801,000. $15.75 $14.20 Total 2007 2008 $1.11 $1.11 3.11 4.55 11.53 8.54 $15.75 $14.20