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Bad Brad's BBQ had cash flows for the year as follows ($ in millions): Cash received from: Customers $2,600 Interest on investments 250 Sale of
Bad Brad's BBQ had cash flows for the year as follows ($ in millions): Cash received from: Customers $2,600 Interest on investments 250 Sale of land 160 Sale of common stock 630 Issuance of debt securities 1,800 Cash paid for: Interest on debt $ 290 Income taxes 110 Debt principal reduction 1,750 Purchase of equipment 4,000 Purchase of inventory 950 Dividends on common stock 270 Operating expenses 600 Bad Brad's would report net cash inflows (outflows) from financing activities in the amount of: Multiple Choice $(570). $410. $460. $570.
Bad Brad's BBQ had cash flows for the year as follows (\$ in millions): Bad Brad's would report net cash inflows (outflows) from financing activities in the amount of: Multiple Choice $(570) $410Step by Step Solution
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