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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 operating activities in the amount of:

Multiple Choice

  • $(130) million.

  • $220 million.

  • $350 million.

  • $570 million.

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