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Rowdy's Restaurants cash flow ($ in millions) Cash received from: Customers $ 3,600 Interest on investments 320 Sale of land 220 Sale of Rowdy's capital
Rowdy's Restaurants cash flow ($ in millions)
Cash received from: | |||
Customers | $ | 3,600 | |
Interest on investments | 320 | ||
Sale of land | 220 | ||
Sale of Rowdy's capital stock | 840 | ||
Issuance of debt securities | 3,200 | ||
Cash paid for: | |||
Interest on debt | $ | 420 | |
Income tax | 200 | ||
Debt principal reduction | 2,700 | ||
Purchase of equipment | 6,400 | ||
Purchase of inventory | 2,200 | ||
Dividends on capital stock | 560 | ||
Operating expenses | 740 | ||
Rowdy's would report net cash inflows (outflows) from investing activities in the amount of:
Multiple Choice
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$220 million.
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$(2,980) million.
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$(6,180) million.
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$(6,400) million.
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