Chapter 1, Problem 14BPSB

To determine

Concept Introduction:

Organizational activities:

Organizational activities are the activities those are performed to maintain the operation of a business. Financing, investing or operating activities are three major organizational activities.

Operating activities:

Operating activities includes regular business activities such as cash received from sale of products, supplier payments, client servicing.

Investing activities:

Investing activities are performed for buying and selling of assets such as building, machinery.

Financing Activities:

Financing activities are performed for arranging or repaying, equity or debt such as payment of dividends, cash received from owner.

To Describe:

The organizational activities and outline the major business activities and give two examples for each.