Of the following,which is the primary source of cash over the life of a business?

Question

Quizplus · Accepted Answer

Operating activities are the primary source of cash for a business as they involve the day-to-day operations of the business that generate revenue and incur expenses. These activities can include sales, collections from customers, payments to suppliers, and salaries paid to employees. Financing activities involve borrowing and repaying debt and issuing and repurchasing equity, while investing activities involve buying and selling long-term assets. While these activities can also generate or use cash, they are not the primary source of cash over the life of a business.

Of the Following,which Is the Primary Source of Cash Over