Which of the Following Is NOT a Way Apricot Forest

question 38

Multiple Choice

Which of the following is NOT a way Apricot Forest earns (or plans to earn) revenues?

• A) Charging patients for using the apps to contact their doctors
• B) Charging doctors to download the apps
• C) Charging drug companies for ads within the apps
• D) Commission on the books and other publications purchased through the apps

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Definitions:

Statement of Cash Flows

A financial document that provides a summary of the cash inflows and outflows for a company over a specific period of time, showing how it raises and spends money.

Operating Activity

Business actions involving the day-to-day operations that generate revenue and incur expenses in the production of goods or services.

Investing Activity

Transactions involving the purchase and sale of long-term assets and investments, part of a company's cash flow activities.

Financing Activity

Transactions that result in changes in the size and composition of the equity capital or borrowings of a company.