The following information is provided for Hypothetical Corporation:
-Refer to the information above. What was the growth rate of Hypothetical's economic project cash flow from 2007 to 2008?

Question

The following information is provided for Hypothetical Corporation:  
-Refer to the information above. What was the growth rate of Hypothetical's economic project cash flow from 2007 to 2008?

Quizplus · Accepted Answer

To calculate the growth rate of economic project cash flow, we need to compare the values from 2007 to 2008. 
Cash flow in 2007: 11ebb174_3d5a_b781_afdc_d9a30d6eb7cf_TB8263_00 
Cash flow in 2008: 11ebb174_3d5a_b782_afdc_254ac54bb5d8_TB8263_00 
The growth rate formula is: (new value - old value)/ old value x 100 
Substituting the values: (11ebb174_3d5a_b782_afdc_254ac54bb5d8_TB8263_00 - 11ebb174_3d5a_b781_afdc_d9a30d6eb7cf_TB8263_00) / 11ebb174_3d5a_b781_afdc_d9a30d6eb7cf_TB8263_00 x 100 = 6.2% 
Therefore, the growth rate is 6.2%. Answer choice A is correct.

The Following Information Is Provided for Hypothetical Corporation