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Bad Brad's BBQ had cash flows for the year as follows (S in millions): Cash received from: Customers $3,000 Interest on investments 290 Sale
Bad Brad's BBQ had cash flows for the year as follows (S in millions): Cash received from: Customers $3,000 Interest on investments 290 Sale of land 90 Sale of common stock 650 Issuance of debt securities 2,200 Cash paid for: Interest on debt $350 Income taxes 160 Debt principal reduction. 1,750 Purchase of equipment 4,400 Purchase of inventory 1,000 Dividends on common stock Operating expenses 180 700 Bad Brad's would report net cash inflows (outflows) from investing activities in the amou Multiple Choice $2,150) 2 W < Prev 27 of 40 tv T 80 1 888 FO " # 3 4 % 5 ^ 6 C 7 8=
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