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Scuz Bootes has been doing custom choppers,piercings,and tattoos for over thirty years.His home and place of business is a garage in the harbor district of Seattle,Washington.He has meticulous records of every job he has ever done,carefully handwritten with the customer name and address,a description of the job,and an attached picture of the bike or body part before and after customization.His unique style has recently attracted the attention of national media after several celebrities sought him out and showcased his work.Business is booming.Consequently,Scuz has hired you to construct an accounting information system,beginning with the historical records.As you read through the records,you notice that some customer last names have different first names in different records.For example,R.Framington Farnsworth (custom chopper) ,Bob Farnsworth (tattoo) ,and Snake Farnsworth (tattoos and piercings) all seem to be the same person.You explain to Scuz that every customer must be identified by a unique customer number in the AIS.You are referring to the
Operating Activities
Operating activities relate to the primary, day-to-day activities of a business such as selling products, manufacturing, and expenses related to administration.
Net Income
The total profit of a company after all expenses and taxes have been deducted from total revenue.
Income Statement
A financial statement that shows a company's revenues, expenses, and net income over a specific period of time.
Cash Dividends
Payments made by a corporation to its shareholders from its profits in the form of cash.
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Q49: Scuz Bootes has been doing custom choppers,piercings,and