Question: The following data are based on information in the 2010 annual report of Buffalo Wild Wings, Inc. As of December 26, 2010, there were 732
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Required
a. Calculate the companys net change in cash for 2009 and 2010.
b. Calculate the companys ending cash balance for 2009 and 2010.
c. Notice that cash flows from investing activities were negative for each year. Do you think this represents something positive or negative about the company? Explain youranswer.
2010 2009 Assets Liabilities Stockholders equity Revenues Expenses Cash flows from operating activities Cash flows from investing activities Cash flows from financing activities Cash balance at the beginning of 2009 was S8,347 S380,357 123,536 256,821 613,256 574,856 89,699 (85,226) $309,073 99,240 209,833 538,924 508,253 79,286 (79,172 1,265 1,119
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