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MA_775_DIABLO [31]
3 years ago
6

Activities that involve the production or purchase of merchandise and the sale of goods and services to customers, including exp

enditures related to administering the business, are classified as: A. Investing activities. B. Direct activities. C. Indirect activities. D. Operating activities. E. Financing activities.
Business
1 answer:
stepladder [879]3 years ago
3 0

Answer:

D. Operating activities.

Explanation:

A financial statement is a written report that quantitatively describes a firm's financial health. Under the financial statements is a cash-flow statement, which is used to record the cash inflow and cash equivalents leaving a business firm.

Cash flow statement, also known as the statement of cash flows, contains financial information about operating, financial and investing activities.

Hence, activities that involve the production or purchase of merchandise and the sale of goods and services to customers, including expenditures related to administering the business, are classified as operating activities. All the net income or cash from all operational business activities of a company is recorded as operating activities.

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Question Content Area
GarryVolchara [31]
B bc it’s the right answer i just did it in my test
3 0
2 years ago
Jacobs Company borrowed $100,000 at 8 percent interest for three months.
ASHA 777 [7]

Answer:

B. $2,000

Explanation:

The principal amount is $100,000

Interest rate is 8% usually per year ( 12 months)

Loan duration, three months:

Annual interest = $100,000.00 x 8%

   =$100,000.00x 0.08

   =$ 8000.00

Interest for 3 months

   =3/12x$8000.00

   =0.25x$8000.00

   =$2000

4 0
3 years ago
Think of an organization that you know relatively well and attempt to construct a mission statement in light of the components o
disa [49]

Answer:

C-STEM Lab services is the organisation of choice

Explanation:

Why?

This is because C-STEM Lab offers services that leads to soft-skill and self dependent development thereby leading to the eradication of the high level of illiteracy in the society.

Their distinctive component

Their distinctive component is to providing education technology tools and platform's to enhance quality outcome in teaching and learning.

8 0
4 years ago
Read 2 more answers
Krumbly Corporation uses the FIFO method in its process costing system. At the beginning of the month, Department D's work in pr
ss7ja [257]

Answer:

the total cost is $23,200

Explanation:

The computation of the total cost of the 2,000 units transferred is as follows:

= Total cost at that point + other cost

= $13,600 + (2,000 × (1 - 0.40)  × $8)

= $13,600 + 2,000 × 60% × $8

= $13,600 + $9,600

= $23,200

hence, the total cost is $23,200

6 0
3 years ago
You work for a company that manufactures electric lawn mowers. The mowers work when the user plugs an extension cord into the ou
Step2247 [10]

Answer: See explanation

Explanation:

Yes. I believe that my company should have included a warning label to address use of the electric lawn mower in the rain.

Since the warning wasn't put there, the customers will believe it is safe to use in the rain that which was exactly what happened in this case. It is the right of the manufacturer to make sure that it's product are safe to use.

6 0
3 years ago
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