The net cash flow from operating activities this year at a popular restaurant is $256,000.Last year this
Question:
The net cash flow from operating activities this year at a popular restaurant is $256,000.Last year this figure was $210,500. What is the percentage variance in this restaurant’s net cash flow from operating activities?
a. 21.6%
b. (21.6%)
c. 17.8%
d. (17.8%)
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 81% (11 reviews)
Answered By
Ayush Mishra
I am a certified online tutor, with more than 3 years of experience in online tutoring. My tutoring subjects include: Physics, Mathematics and Mechanical engineering. I have also been awarded as best tutor for year 2019 in my previous organisation. Being a Mechanical Engineer, I love to tell the application of the concepts of science and mathematics in the real world. This help students to develop interest and makes learning fun and easy. This in turn, automatically improves their grades in the subject. I teach students to get prepared for college entry level exam. I also use to teach undergraduate students and guide them through their career aim.
5.00+
2+ Reviews
10+ Question Solved
Related Book For
Managerial Accounting for the Hospitality Industry
ISBN: 978-1119386223
2nd edition
Authors: Lea R. Dopson, David K. Hayes
Question Posted:
Students also viewed these Business questions
-
Forward Co. reports a net loss of ($ 100,000) this year. In the prior year, net earnings was $ 30,000 and cash flow from operating activities was $ 60,000. Is its quality of earnings higher if cash...
-
Tidewater Inc., a retailer, provided the following financial information for its most recent fiscal year: Net income. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ....
-
In Year 1, Hall Inc. billed its customers $62,000 for services performed. The company collected $51,000 of the amount billed. Hall incurred $39,000 of other operating expenses on account. Hall paid...
-
Repeat Prob. 37 using singularity functions exclusively (including reactions). Repeat Prob. 37, For the beam shown, find the reactions at the supports and plot the shear-force and bending-moment...
-
Here is the topic "Game Theory for Stock Market Selling Price Optimization" Integrate what you have learned from the course resources into your document. As you consider the topic for your research...
-
Find x , y , and z . (x, y, z) = ln (x + 2y + 3z)
-
When a company buys an affiliate's debt instrument from an outside party, the reciprocal balances (investment and debt, interest revenue and expense, etc.) usually do not agree. LO4
-
The Museum of Art is preparing for its annual appreciation dinner for contributing members. Last year, 500 members attended the dinner. Tickets for the dinner were $20 per attendee. Last years income...
-
What five alternatives were examined by regulators to determine which best met the recognition-measurement criteria of a liability
-
The following classification scheme typically is used in the preparation of a balance sheet: a. Current assets b. Investments and funds g. c. Property, plant, and equipment d. Intangible assets i....
-
This year a company generated $1,000,000 in cash from its operating activities, and had a $250,000 increase in cash from its investment activities. It also spent $600,000 on capital expenditures....
-
How practical and useful is database marketing for most businesses?
-
Give an example of a system for which auditing around the computer would be appropriate and an example for which auditing through the computer would be necessary. Explain why the approaches are...
-
Canis Major Veterinary Supplies Inc. DuPont Analysis Ratios Value Correct/Incorrect Ratios Value Correct/Incorrect Profitability ratios Gross profit margin (%) 50.00 Correct Asset management ratio...
-
The entrance to Salt Lake City (elevation 3,075 ft at the point of crossing) is grade separated from interstate highway (elevation 3,050 ft at the point of crossing) and will have to be connected....
-
McKnight Handcraft is a manufacturer of picture frames for large retailers. Every picture frame passes through two departments: the assembly department and the finishing department. This problem...
-
A deep reinforced concrete member carries two members with factored loads as shown in Figure 2. Material properties: fy 400 MPa, f'e = 50 MPa. a) Sketch a feasible strut and tie model indicating the...
-
If triangles ABC and DFG are similar triangles and side DF = 218, what is the value of side DG?
-
In Problems 942, find the real solutions, if any, of each equation. 3-2x Vx
-
What are the before image (BFIM) and after image (AFIM) of a data item? What is the difference between in-place updating and shadowing, with respect to their handling of BFIM and AFIM?
-
Matco Steel Company has two departments, Casting and Rolling. In the Rolling Department, ingots from the Casting Department are rolled into steel sheet. The Rolling Department received 9,200 tons...
-
Natco Aluminum Company uses a process cost system to record the costs of manufacturing rolled aluminum, which consists of the smelting and rolling processes. Materials are entered from smelting at...
-
HomeStyle Soup Co. uses a process cost system to record the costs of processing soup, which requires the cooking and filling processes. Materials are entered from the cooking process at the beginning...
-
Berbice Inc. has a new project, and you were recruitment to perform their sensitivity analysis based on the estimates of done by their engineering department (there are no taxes): Pessimistic Most...
-
#3) Seven years ago, Crane Corporation issued 20-year bonds that had a $1,000 face value, paid interest annually, and had a coupon rate of 8 percent. If the market rate of interest is 4.0 percent...
-
I have a portfolio of two stocks. The weights are 60% and 40% respectively, the volatilities are both 20%, while the correlation of returns is 100%. The volatility of my portfolio is A. 4% B. 14.4%...
Study smarter with the SolutionInn App