A business had a +20% variance in cash flow from investing activities this year as compared to
Question:
A business had a +20% variance in cash flow from investing activities this year as compared to last year. The dollar amount of cash flow from investing activities last year was $840,000. What was the dollar amount of cash flow from investing activities for this business in this year?
a. $1,008,000
b. ($1,008,000)
c. $672,000
d. ($672,000)
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Related Book For
Managerial Accounting for the Hospitality Industry
ISBN: 978-1119386223
2nd edition
Authors: Lea R. Dopson, David K. Hayes
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