Question
Rowdy's Restaurants cash flow($ in millions) Cash received from: Customers$3,150Interest on investments290Sale of land190Sale of Rowdy's capital stock780Issuance of debt securities2,900 Cash paid for: Interest
Rowdy's Restaurants cash flow($ in millions)
Cash received from:Customers$3,150Interest on investments290Sale of land190Sale of Rowdy's capital stock780Issuance of debt securities2,900Cash paid for:Interest on debt$390Income tax170Debt principal reduction2,400Purchase of equipment5,800Purchase of inventory1,900Dividends on capital stock470Operating expenses680
Rowdy's would report net cash inflows (outflows) from investing activities in the amount of:
Multiple Choice
- $(2,710)million.
- $(5,800)million.
- $190million.
- $(5,610)million.
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Accounting What the Numbers Mean
Authors: David Marshall, Wayne McManus, Daniel Viele
12th edition
007802529X, 1259969525, 978-1260565492
