How many of the following transactions would affect operating cash flows reported in the statement of cash flows (all transaction involve cash)?
borrowed $50,000 from the bank
purchased $12,000 in supplies
provide services to customers for $27,000
paid the utility bill of $750
purchased a delivery truck for $12,000
received $25,000 from issuing common stock

Brian has just finished college. he wants to set up a small business to make and sell fireworks. he registers his company and acquires a license from the government. he finds that most of his competitors are selling fireworks at an extremely low price. he would like to make more money, so he decides to innovate and develop better fireworks. he sells his fireworks at a higher price, and they are a huge hit with the customers. after a few years, he earns enough profit to set up a bigger fireworks factory that complies with the government’s health and safety regulations. he even starts exporting fireworks overseas. which type of economy does this scenario describe?