There Are Four Majors in the School of Business at Your

question 19

Short Answer

There are four majors in the School of Business at your local university, Accounting, Finance, Marketing and Management. 240 students are in Accounting major, 160 in Finance major, 80 in marketing major and 320 are in Management major. Develop a relative frequency table for the data.

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Definitions:

Operating Activities

Activities related to the day-to-day business operations, including cash flows from selling goods and services, and paying for expenses.

Cash Dividend

A payment made by a company out of its profits to its shareholders, usually in the form of cash.

Net Income

The total earnings of a company after subtracting all expenses, including taxes, from its total revenues.

Indirect Method

Indirect Method is a way of preparing the cash flow statement where net income is adjusted for non-cash transactions, changes in working capital, and other items to calculate cash flow from operating activities.