Question
26 ABC Company had cash flows for the year as follows ($ in millions): 01:54:08 CASH RECEIVED FROM: Customers Interest on investments Sale of land
26 ABC Company had cash flows for the year as follows ($ in millions): 01:54:08 CASH RECEIVED FROM: Customers Interest on investments Sale of land $3,200 270 110 Sale of common stock 520 Issuance of debt securities 1,900 CASH PAID FOR: Interest on debt $ 260 Income tax 160 Debt principal reduction 1,500 Purchase of equipment 3,700 Purchase of inventory 1,050 Dividends on common stock 270 Operating expenses 450 ABC Company would report net cash inflows (outflows) from investing activities in the amount of: Purchase of inventory 1,050 Dividends on common stock 270 Operating expenses 450 ABC Company would report net cash inflows (outflows) from investing activities in the amount of: Multiple Choice O O $(3,590). Prou $110. $(1,690). $(3,700)
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