Lawrence W. answered • 04/19/19
Tutor
New to Wyzant
Accounting and Business from a CPA, MBA, expert in Auditing
There are three types of business activities: Investing (the buying and selling of assets), Financing (the borrowing and paying back of money), and Operating (the key function of a business). For the SuperFoodMart store, Investing would be the buying of new land and buildings. Financing, would be the issuance of bonds or new shares. Operating Activities would be the buying and selling of groceries to the retail customer.
