Yosma manages a clothing store. In November, sales were $192,500. In December, sales were $286,850. What was the rate of change? (Round to the nearest hundredth.) 49.01% decrease 49.01% increase 50.99% decrease 50.99% increase

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Operating Cash Flows

A cash flow statement (CFS) helps the company to know the amount of cash at its disposal, the activities that lead to earning cash, and the activities which require cash expenditure for a particular period. The statement represents the liquidity of the company.