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Bad Brad's BBQ had cash flows for the year as follows ($ in millions): $1,800 200 100 600 2,000 CASH RECEIVED FROM: Customers Interest on
Bad Brad's BBQ had cash flows for the year as follows ($ in millions): $1,800 200 100 600 2,000 CASH RECEIVED FROM: Customers Interest on investments Sale of land Sale of common stock Issuance of debt securities CASH PAID FOR: Interest on debt Income tax Debt principal reduction Purchase of equipment Purchase of inventory Dividends on common stock Operating expenses $ 300 80 1,500 4,000 1,000 200 500 Bad Brad's would report net cash inflows (outflows) from operating activities in the amount of: Multiple Choice $420 O $200 ($80) O $120
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