Sigma Company develops and markets organic food products to natural foods retailers.The following information is available for the company for the year 2008:
-Based on the preceding information,what amount will be reported by the company as cash flows from operating activities for 2008?
Definitions:
Sales Increase
A rise in the volume or amount of products or services sold by a business.
Break-Even Sales
The amount of revenue needed to cover both fixed and variable expenses, resulting in a net income of zero.
Variable Expenses
Costs that change in proportion to the activity of a business.
Fixed Expenses
Expenses that remain constant regardless of the amount of goods produced or sold, including lease payments, wages, and coverage costs.
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