Prove the second De Morgan Law [Theorem 1.1.4(b)].
Feb 9 Financing Your Business Operation Using Investments Cash –> Production –> Inventory –> Sales –> Cash Sales –> Cash is Accounts Receivable Cash –> Production is Accounts Payable Business Activities Financing: Where do you get the money Funds to start and grow a business (debt/equity/retained earnings) Investing: What do you do with money Acquire assets (stuff) to run a business renting money to others (who earn higher return) Operating: Using the money you have Create goods and create transactions: changes goods into dollars (at a profit) Assets: Cash Buildings (investment section of balance sheet) Machinery (investment section of balance sheet) Accounts Receivable Inven