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Fit for Fun,Inc

Question 17

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Fit for Fun,Inc.sells fitness equipment.The company has 75 stores located in malls throughout the country.The company recently engaged in the following activities.Identify each activity as part of the (B)Business Organization and Strategy Process (O)operating process,(CR)capital resources process (P)Performance Measurement and Management
______ a)Purchased 300 treadmills for resale.
______ b)Borrowed $50,000 from the bank.
______ c) Sold 45 stepping machines.
______ d)Purchased 10 new cash registers.
______ e)Made a $4,000 payment on the mortgage.
______ f)Purchased office supplies for cash.
______ g)Paid employees' salaries.
______ h)Developed operating budget.
______ i)Calculated ratio analysis.
______ j)The owners invested an additional $100,000 into the business.

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(a.) O
(b.) CR
(c....

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