Connect with experts and get insightful answers on IDNLearn.com. Get prompt and accurate answers to your questions from our community of knowledgeable experts.
Sagot :
A company documents a loss of $70,000 on the sale of its outdated inventory.
a) Operating Activity
What are operating activities?
Operating activities are all the things a business does to bring its products and services to market on an ongoing base. Non-operating activities are past events that may affect revenues, expenses, or cash flow but fall outside of the company's routine, core business. Operating activities include: Setting a strategy.
Operating activities contain cash activities related to net income. Investing actions contain cash activities similar to noncurrent assets. Financing actions contain cash activities related to noncurrent liabilities and owners' equity.
To learn more about the outdated inventory the link
https://brainly.com/question/14542352
#SPJ4
Your participation is crucial to us. Keep sharing your knowledge and experiences. Let's create a learning environment that is both enjoyable and beneficial. Accurate answers are just a click away at IDNLearn.com. Thanks for stopping by, and come back for more reliable solutions.
