Question
Create the cash flow statement for operating activities. Rowdy's Restaurants Cash Flow ($ in millions) Cash received from: Customers $ 1,800 Interest on investments 200
Create the cash flow statement for operating activities.
Rowdy's Restaurants Cash Flow ($ in millions)
Cash received from: |
|
|
|
Customers | $ | 1,800 |
|
Interest on investments |
| 200 |
|
Sale of land |
| 100 |
|
Sale of Rowdy's common stock |
| 600 |
|
Issuance of debt securities |
| 2,000 |
|
|
|
|
|
Cash paid for: |
|
|
|
Interest on debt | $ | 300 |
|
Income tax |
| 80 |
|
Debt principal reduction |
| 1,500 |
|
Purchase of equipment |
| 4,000 |
|
Purchase of inventory |
| 1,000 |
|
Dividends on common stock |
| 200 |
|
Operating expenses |
| 500 |
|
Rowdy's would report net cash inflows (outflows from operating activities in the amount of: $ 120 Million
Thank you!
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