Answer:
If mN is 74° parallel the mY would be - 74° parallel to mN
It is true that operating activities are the primary sources of revenue and expenses.
<h3>What is operating activities?</h3>
Operating activities are the primary source of revenues and expenses of a business which ultimately determine whether a company make profit or incurs loss. The amounts a business charges its customers when it provides goods or service is referred to operating activities.
Operating activities involve those activities a business engages for the purpose of making profit.
Operating activities includes:
- Investing activities
- Financing activities
Hence, operating activities are truly the primary sources of revenue and expenses.
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