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Bad Brad's BBQ had cash flows for the year as follows ($ in millions): CASH RECEIVED FROM: Customers $ 3,200 Interest on investments 210 Sale
Bad Brad's BBQ had cash flows for the year as follows ($ in millions):
CASH RECEIVED FROM: | |||
Customers | $ | 3,200 | |
Interest on investments | 210 | ||
Sale of land | 100 | ||
Sale of common stock | 640 | ||
Issuance of debt securities | 2,800 | ||
CASH PAID FOR: | |||
Interest on debt | $ | 350 | |
Income tax | 150 | ||
Debt principal reduction | 1,600 | ||
Purchase of equipment | 4,100 | ||
Purchase of inventory | 1,000 | ||
Dividends on common stock | 280 | ||
Operating expenses | 450 | ||
Bad Brad's would report net cash inflows (outflows) from operating activities in the amount of
CASH RECEIVED FROM: | |||
Customers | $ | 3,200 | |
Interest on investments | 210 | ||
Sale of land | 100 | ||
Sale of common stock | 640 | ||
Issuance of debt securities | 2,800 | ||
CASH PAID FOR: | |||
Interest on debt | $ | 350 | |
Income tax | 150 | ||
Debt principal reduction | 1,600 | ||
Purchase of equipment | 4,100 | ||
Purchase of inventory | 1,000 | ||
Dividends on common stock | 280 | ||
Operating expenses | 450 | ||
Bad Brad's would report net cash inflows (outflows) from operating activities in the amount of
CASH RECEIVED FROM: | |||
Customers | $ | 3,200 | |
Interest on investments | 210 | ||
Sale of land | 100 | ||
Sale of common stock | 640 | ||
Issuance of debt securities | 2,800 | ||
CASH PAID FOR: | |||
Interest on debt | $ | 350 | |
Income tax | 150 | ||
Debt principal reduction | 1,600 | ||
Purchase of equipment | 4,100 | ||
Purchase of inventory | 1,000 | ||
Dividends on common stock | 280 | ||
Operating expenses | 450 | ||
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