A business has net cash flow from operating activities of $1,500,250 this year. Last year the amount

Question:

A business has net cash flow from operating activities of $1,500,250 this year. Last year the amount was $1,240,500. What is the dollar amount of variance from this activity this year as compared to last year?

a. $259,750

b. ($259,750)

c. $2,740,750

d. ($2,740,750)

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