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Rowdy's Restaurants cash flow ($ in millions) Cash received from: Customers $ 2,550 Interest on investments 250 Sale of land 150 Sale of Rowdy's capital
Rowdy's Restaurants cash flow ($ in millions)
| Cash received from: | |||
| Customers | $ | 2,550 | |
| Interest on investments | 250 | ||
| Sale of land | 150 | ||
| Sale of Rowdy's capital stock | 700 | ||
| Issuance of debt securities | 2,500 | ||
| Cash paid for: | |||
| Interest on debt | $ | 350 | |
| Income tax | 130 | ||
| Debt principal reduction | 2,000 | ||
| Purchase of equipment | 5,000 | ||
| Purchase of inventory | 1,500 | ||
| Dividends on capital stock | 350 | ||
| Operating expenses | 600 | ||
Rowdy's would report net cash inflows (outflows) from financing activities in the amount of:
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Foundations of Financial Management
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen
16th edition
978-1259277160
