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