ch05 - Read-only File Insert Draw Formulas Data Review View Home Read Only - You

Question

ch05 - Read-only File Insert Draw Formulas Data Review View Home Read Only - You can't save changes to this file. 1 Chapter 5, Question 2 This Year--$Change 3 Net Cash Flow From 4 Operating activities 5 Investing activities 6 Financing activitiesS 7 Change in Cash Last Year YearThis %Change 625,125 53,144 $ 1,964,484 2,530,590 48,125 a. What was the percentage change in operating activities for Lester's hotel this year? 10 Answer: 12 13 Answer: b. What was the percentage change in investing activities for Lester's hotel this year? 14 15 c. What was the percentage change in financing activities for Lester's hotel this year? 16 Answer 17 18 d. What was the dollar amount of change in cash for Lester's hotel this year? 19 Answer 21 e. What was the percentage change in cash for Lester's hotel this year? 23 24 Q 1 Q 2 Q4

Explanation / Answer

Change = This year - Last year

%change = $change / last year

a. 11.43%

b. 78.48%

c. 210.43%

d. 566,106

e. 28.82%

Net cash flow from Last year This year $ change % change Operating activities 1,662,359 1,852,321 189,962 11.43% Investing activities 350,250 625,125 274,875 78.48% Financing activities (48,125) 53,144 101,269 210.43% Change in cash 1,964,484 2,530,590 566,106 28.82%

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