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Is this correct? M 1 CHAPTERS 1-2 instructions I help 5.00 points MC Qu. 9 Statement of Cash Flows Ann's Flowers Inc. reported 2008... Statement
Is this correct? M 1 CHAPTERS 1-2 instructions I help 5.00 points MC Qu. 9 Statement of Cash Flows Ann's Flowers Inc. reported 2008... Statement of Cash Flows Ann's Flowers Inc. reported 2008 net income of $1.60 million and depreciation of $256,000. The top part Ann's Flowers, Inc.'s 2007 and 2008 balance sheets is listed below (in millions of dollars). Current assets 2007 2007 2008Current liabilities: $3.60 $2.30 Accrued wages and taxes 4.30 5.60 Accounts payable 6.60 3.06 4.30 10.38 784 $14.50 $13.20 5.30 Total $14.50 $13.20Total What is the 2008 net cash flow from operating activities for Ann's Flower's, Inc.? $3,096,000 $1,600,000 o $1,496,000 O -$1,300,000 References Multiple Choice Difficulty: 1 Basic MC Qu. 9 Statement of Cash Flows Ann's Flowers Inc
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