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Please help me solve this! Bad Brad's BBQ had cash flows for the year as follows ($ in millions): CASH RECEIVED FROM: Customers $2,700 Interest
Please help me solve this! 
Bad Brad's BBQ had cash flows for the year as follows ($ in millions): CASH RECEIVED FROM: Customers $2,700 Interest on investments 260 Sale of land 150 Sale of common stock 580 Issuance of debt securities 2,200 CASH PAID FOR: Interest on debt $ 270 Income tax 170 Debt principal reduction 1,400 Purchase of equipment 3,300 Purchase of inventory 700 Dividends on common stock 260 Operating expenses 600 Bad Brad's would report net cash inflows (outflows) from operating activities in the amount of: Multiple Choice O $(1,390) $1,220. $960. $(1,390) $1,220. $960. $1,490 Step by Step Solution
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Auditing The Art And Science Of Assurance Engagements
Authors: Alvin A. Arens, Randal J. Elder, Mark S. Beasley, Chris E. Hogan, Joanne C. Jones
15th Canadian Edition
0136692087, 9780136692089
