Which of the following is an example of an operating activity?
A)Obtaining capital from owners
B)Selling goods and services to customers
C)Purchasing equipment
D)Selling land

Question

Quizplus · Accepted Answer

Selling goods and services to customers is an example of an operating activity because it involves the primary revenue-generating business activities of a company. Obtaining capital from owners is a financing activity, purchasing equipment is an investing activity, and selling land is also an investing activity.

Which of the Following Is an Example of an Operating