TB MC Qu$.4-123($Static$)$ Rowdy's Restaurants Cash...

Rowdy's Restaurants Cash Flow $($$ in millions$)$

Cash received from:

Customers

$\backslash$table$[[$Interest on investments,$200],[$Sale of land,$100],[$Sale of Rowdy's common stock,$600],[$Issuance of debt securities$,2,000]]$

Cash paid for:

Interest on debt

Income tax

$$300$

Debt principal reduction $1,500$

Purchase of equipment $,4,000$

Purchase of inventory $1,000$

Dividends on common stock $200$

Operating expenses

$500$

Rowdy's would report net cash inflows $($outflows$)$ from operating activities in the amount of:

Multiple Choice

$$420$ million.

$($$$80)$ million.

$$200$ million.

$$120$ million.