A major source of cash from operating activities is

Question

Quizplus · Accepted Answer

Receipts from sale of goods are considered a major source of cash from operating activities as they indicate the cash generated from the primary business operations of a company. Receipts from borrowing (B) would be classified as cash from financing activities, receipts from sale of building (C) would be classified as cash from investing activities, and receipts from investment by owner (D) would also be classified as cash from financing activities.

A Major Source of Cash from Operating Activities Is