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Bad Brad's BBQ had cash flows for the year as follows ($ in millions): CASH RECEIVED FROM: Customers Interest on investments Sale of land Sale
Bad Brad's BBQ had cash flows for the year as follows ($ in millions): CASH RECEIVED FROM: Customers Interest on investments Sale of land Sale of common stock Issuance of debt securities $2,300 290 170 580 2,700 CASH PAID FOR: Interest on debt $ 300 Income tax 160 Debt principal reduction 1,600 Purchase of equipment 4,500 Purchase of inventory 1,100 Dividends on common stock 200 Operating expenses 450 Bad Brad's would report net cash inflows (outflows) from investing activities in the amount of: Multiple Choice $(1.630). $170. $(4,330)
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