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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
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$(130) million.
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$220 million.
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$350 million.
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$570 million.
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