The Following Data Is from the Muffin Shoppe for the Past

question 89

Essay

The following data is from the Muffin Shoppe for the past four years.
$\begin{array}{l}\hline\mid\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad~~\mid\quad\quad\quad\quad\text { Year Ending December } 31 \quad\mid\\\begin{array}{|l|r|r|r|r|} \hline & \text { Year } 1 & \text { Year 2 } & \text { Year 3 } & \text { Year 4 } \\ \hline \text { Cash \& cash equivalents } & 38,788 & 65,216 & 70,691 & 78,274 \\ \hline \text { Cash flow from operations } & 39,264 & 50,580 & 45,768 & 57,744 \\\hline\end{array}\end{array}$
Calculate the following:

$\begin{array}{l}\hline\mid\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad~~\mid\quad\quad\quad\quad\text { Year Ending December } 31 \quad\mid\\\begin{array}{|l|r|r|r|r|} \hline & \text { Year } 1 & \text { Year 2 } & \text { Year 3 } & \text { Year 4 } \\ \hline \text { Cash \& cash equivalents } & \\ \hline \text { Cash flow from operations } & \\\hline\end{array}\end{array}$

---

Definitions:

Locus of Control

A psychological concept referring to the extent to which individuals believe they have power over events in their lives.

Ethical Behavior

Ethical behavior entails acting in ways that are consistent with broadly accepted moral principles, such as fairness, honesty, and respect for others.

Business Strategy

A plan of action designed to achieve a specific goal or set of goals within a business.

Poker

A family of card games that combines gambling, strategy, and skill, where players bet based on the perceived value of their card combination.