Question: The following data are based on information in the 2013 annual report of Buffalo Wild Wings, Inc. As of December 29, 2013, there were 993
.png)
Required
a. Calculate the companys net change in cash for 2012 and 2013.
b. Calculate the companys ending cash balance for 2012 and 2013.
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 your answer.
2013 Assets Liabilities Stockholders' equity Revenues Expenses Cash flows from operating activities Cash flows from investing activities Cash tlows from financing activities Cash balance at the beginning of 2012 was $20,530 $ 705,728 591,087 207,715 383,372 1,266,719 1,040,530 983,255 145,188 (145,741) (142,753) (1,588) 239,920 465,808 1,195,165 179,360 3,039
Step by Step Solution
3.34 Rating (169 Votes )
There are 3 Steps involved in it
Dollar amounts in thousands a and b 2012 2013 Cash from operating activities 1451... View full answer
Get step-by-step solutions from verified subject matter experts
Document Format (1 attachment)
443-B-A-A-C (5498).docx
120 KBs Word File
