6. Refer to Alpha's cash T-Account for 2019 shown below. Alpha Industries T-Account December 31, 2019 Amounts in millions ($) Cash Balance January 1, 2019 Collection from Customers Common Stock Issued Long-term Bond Issued Sale of land Balance December 31, 2019 725 200 80 200 150 O A net inflow of $160 million A net inflow of $190 million A net inflow of $240 million A net outflow of $90 million 615 150 Payments to suppliers 100 Salaries Paid 100 Payment of rent and utilities 50 Dividends Paid 40 Payment of Loan Principal 300 Purchase of new machine For 2019, what was Alpha's cash flow from financing?
6. Refer to Alpha's cash T-Account for 2019 shown below. Alpha Industries T-Account December 31, 2019 Amounts in millions ($) Cash Balance January 1, 2019 Collection from Customers Common Stock Issued Long-term Bond Issued Sale of land Balance December 31, 2019 725 200 80 200 150 O A net inflow of $160 million A net inflow of $190 million A net inflow of $240 million A net outflow of $90 million 615 150 Payments to suppliers 100 Salaries Paid 100 Payment of rent and utilities 50 Dividends Paid 40 Payment of Loan Principal 300 Purchase of new machine For 2019, what was Alpha's cash flow from financing?
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Transcribed Image Text:6. Refer to Alpha's cash T-Account for 2019 shown below.
Alpha Industries T-Account
December 31, 2019
Amounts in millions ($)
Cash
Balance January 1, 2019
Collection from Customers
Common Stock Issued
Long-term Bond Issued
Sale of land
Balance December 31, 2019
725
200
A net inflow of $160 million
A net inflow of $190 million
A net inflow of $240 million
A net outflow of $90 million
80
200
150
615
150 Payments to suppliers
100 Salaries Paid
100 Payment of rent and utilities
50 Dividends Paid
40 Payment of Loan Principal
300 Purchase of new machine
For 2019, what was Alpha's cash flow from financing?
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