In the sweet action! supply chain, the flowers produce the nectar which is collected by the bees. the busy bees take this nectar and produce honey, which is collected by thebeekeeper, who puts it in quart jars and supplies it to the baker. the baker produces a lovely array of confections, which are purchased by the local restaurant. the restaurant sells these confections to their loyal diners, who gleefully consume them and nag the chef for his recipe. which of these statements about this supply chain is best?
a. the local restaurant is a first-tier supplier of the loyal diners.
b. the busy bees are a first-tier supplier of the local restaurant.
c. the beekeeper is a first-tier supplier of the local restaurant.
d. the baker is a first-tier supplier of the local restaurant

Prepare the operating activities section—indirect method.(lo 4), apthe income statement of paxson company is presented here.paxson companyincome statementfor the year ended november 30, 2014sales revenue $7,600,000cost of goods sold beginning inventory$1,900,000 purchases4,400,000goods available for sale6,300,000 ending inventory1,600,000total cost of goods sold 4,700,000gross profit 2,900,000operating expenses selling expenses450,000 administrative expenses700,0001,150,000net income $1,750,000additional information: prepare the operating activities section—indirect 1. accounts receivable decreased $380,000 during the year, and inventory decreased $300,000.2. prepaid expenses increased $150,000 during the year.3. accounts payable to suppliers of merchandise decreased $350,000 during the year.4. accrued expenses payable decreased $100,000 during the year.5. administrative expenses include depreciation expense of $110,000.instructionsprepare the operating activities section of the statement of cash flows for the year ended november 30, 2014, for paxson company, using the indirect method.net cash provided $1,940,000