Selling goods and services paying normal operating

Info iconThis preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: oods and services, paying normal operating expenses, employing workers, paying taxes, etc.) Investing Activities: Includes all cash inflows and outflows related to the acquisition or sale of productive resources that will help the business achieve its goals and objectives (Ex. Buying or selling of land, buildings, equipment, and other resources that are used in the operation of the business) Financing Activities: Cash inflows and outflows related to external sources of funding (capital) for the business (Ex. Obtaining funding from creditors or owners, and repaying creditors or paying a return (dividend) to owners) Decision Makers: Users of Accounting Information fall into three broad categories based on needs: . Management...
View Full Document

This note was uploaded on 01/22/2014 for the course ACG 2021 taught by Professor Linkovich during the Spring '08 term at University of South Florida - Tampa.

Ask a homework question - tutors are online