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Refer to the scenario below to answer the following questions.
Bryant and Aniyah Small are the owners of the Good Green Grocer,a small but successful chain of natural food and health stores.Bryant and Aniyah's business has expanded as more and more consumers are interested in eating organic foods.What started as one shop in Vermont has expanded to 15 stores in college towns throughout Vermont,New Hampshire,Massachusetts,and Maine.Much to their delight,the Smalls have found that many people are willing to pay a bit more for food that is organically grown.
Bryant and Aniyah want the Good Green Grocer to be associated with environmental responsibility,so they offer discounts to customers who bring their own reusable shopping bags and take measures to reduce the company's carbon footprint.They even hold environmental workshops in their stores,with topics ranging from organic farming and composting to at- home energy conservation.
Sunday ads for the Good Green Grocer run in area newspapers,with special promotional prices offered for a list of the "Top Ten Take Homes" each week.Regular customers of the Good Green Grocer know that the promotional items often run out of stock by mid- week,so the store typically sees its heaviest traffic on Sunday and Monday.
-Some customers believe that the Good Green Grocer purposefully runs weekly promotional prices on items that are low in stock,leaving most customers who come to the store hoping for lower prices but unable to buy the out- of- stock sale items.If this is true,then the Good Green Grocer would most likely be accused of _ .
Operating Activities
Day-to-day actions and transactions that are central to the primary business operations, including revenue and expense activities.
Indirect Method
A method used in cash flow statements to adjust net income for the changes in non-cash accounts to arrive at operating cash flow.
Current Assets
Assets that are expected to be converted into cash, sold, or consumed within a year or within the operating cycle of a business.
Fixed Assets
Tangible assets, such as property, plant, and equipment, used in the operating activities of a business and not intended for sale in the normal course of business.
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