At the end of 2017, Net Income on the income statement for the Badger Inn was $75,000 while Net Income for 2016 was $100,000. The year-over-year decrease for net income was: Group of answer choices $25,000 and 125% $25,000 and 25% $25,000 and 133.3% $25,000 and 33.3% q2: Collins Restaurants reported $5,150,000 in Sales for 2016 and $4,875,000 for 2015. Controllable Earnings for 2016 were $1,575,000 and $1,475,000 for 2015. Using the Industry Rules discussed in class, which of the following is correct? Group of answer choices Neither Rule was met Rule #2 was met. Both Rules were met Rule #1 was met q3: Carmen's Restaurant Net Income was $45,000 and Depreciation Expense was $5,000. Other accounts that changed: Accounts Receivable increased by $14,000; Inventory decreased by $20,000; Accounts Payable increased by $8,000; and Salaries Payable decreased by $3,000. The amount of Net Cash Flow from Operating Activities is: Group of answer choices $33,000. $45,000. $61,000. $47,000. q4: Food Cost on the P&L, as a percentage of sales, was 27.9% for 2017 and 28.6% for 2016. Which of the following statements is correct? Group of answer choices Food Cost increased at the same rate (%) as sales Food Cost increased at a faster rate (%) than sales Food Cost increased at a slower rate (%) than sales You cannot determine with the information provided. q5: If management wishes to measure how effectively the assets were used in generating a profit, they could use the: Group of answer choices return on assets. times interest earned. rate of return on common stockholders' equity. return on sales