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Transactions and events that affect net income such as the production and purchase of inventory, the sale of goods and services to customers, and expenditures to run a business are classified as: Multiple Choice A) Financing activities B) Investing activities C) Operating activities D) Direct activities E) Indirect activities

Sagot :

Answer:

Operating Activities.

Explanation:

All the things a company does to bring its products and services to market on an ongoing basis.

Transactions and events affect net income such as the production and purchase of inventory, the sale of goods to customers, and expenditures to run a business are classified as Operating activities .

What is Operating activities?

Operating operations are all the things a business undertakes to consistently advertise its goods and services. Non-operating activities are one-time occurrences that may have an impact on sales, costs, or cash flow but are unrelated to the regular, main activity of the firm.

Creating income, covering costs, and providing working capital are all examples of operating operations. It is computed by first calculating a company's net income, then making adjustments for non-cash items and working capital movements.

The appropriate response is option C.

To learn more about Operating activities

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