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Keith_Richards [23]
3 years ago
15

Rowdy's Restaurants cash flow (in millions) Cash received from: Customers $4,200 Interest on investments 360 Sale of land 260 Sa

le of Rowdy's capital stock 920 Issuance of debt securities 3,600 Cash paid for: Interest on debt $460 Income tax 240 Debt principal reduction 3,100 Purchase of equipment 7,200 Purchase of inventory 2,600 Dividends on capital stock 680 Operating expenses 820 Rowdy's would report net cash inflows (outflows) from operating activities in the amount of:
Business
1 answer:
uranmaximum [27]3 years ago
8 0

Answer:

$440 millions

Explanation:

The computation of the net cash inflows (outflows) from operating activities is shown below:

Cash flow from Operating activities  

Cash received from Customers $4,200

Interest on investments $360

Less: Cash paid

Interest on debt -$460

Income tax -$240

Purchase of inventory -$2,600

Operating expenses -$820

Net Cash flow from Operating activities         $440 millions

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