Question
Rowdy's Restaurants cash flow ($ in millions) Cash received from: Customers $2,100 Interest on investments 220 Sale of land 120 Sale of Rowdy's common
Rowdy's Restaurants cash flow ($ in millions) Cash received from: Customers $2,100 Interest on investments 220 Sale of land 120 Sale of Rowdy's common stock 640 Issuance of debt securities 2,200 Cash paid for: Interest on debt $ 320 Income tax 100 Debt principal reduction Purchase of equipment Purchase of inventory Dividends on common stock Operating expenses 1,700 4,400 1,200 260 540 Rowdy's would report net cash inflows (outflows) from financing activities in the amount of:
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Managerial Accounting
Authors: Charles E. Davis, Elizabeth Davis
2nd edition
1118548639, 9781118800713, 1118338448, 9781118548639, 1118800710, 978-1118338445
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