ad Brad's BBQ had cash flows for the year as follows ($ in millions): CASH RECEIVED FROM: Customers $ 3,300 Interest on investments 290 Sale of land 110 Sale of common stock 560 Issuance of debt securities 2,800 CASH PAID FOR: Interest on debt $ 290 Income tax 120 Debt principal reduction 1,550 Purchase of equipment 4,300 Purchase of inventory 900 Dividends on common stock 200 Operating expenses 600 Bad Brad's would report net cash inflows (outflows) from investing activities in the amount of: Multiple Choice $110. $(1,390). $(4,300). $(4,190).

ad Brad's BBQ had cash flows for the year as follows ($ in millions): CASH RECEIVED FROM: Customers $ 3,300 Interest on investments 290 Sale of land 110 Sale of common stock 560 Issuance of debt securities 2,800 CASH PAID FOR: Interest on debt $ 290 Income tax 120 Debt principal reduction 1,550 Purchase of equipment 4,300 Purchase of inventory 900 Dividends on common stock 200 Operating expenses 600 Bad Brad's would report net cash inflows (outflows) from investing activities in the amount of: Multiple Choice $110. $(1,390). $(4,300). $(4,190).

Cornerstones of Financial Accounting

4th Edition

ISBN:9781337690881

Author:Jay Rich, Jeff Jones

Publisher:Jay Rich, Jeff Jones

Chapter11: The Statement Of Cash Flows

Section: Chapter Questions

Problem 13MCQ

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Question

Bad Brad's BBQ had cash flows for the year as follows ($ in millions):


CASH RECEIVED FROM:
Customers	$	3,300
Interest on investments		290
Sale of land		110
Sale of common stock		560
Issuance of debt securities		2,800

CASH PAID FOR:
Interest on debt	$	290
Income tax		120
Debt principal reduction		1,550
Purchase of equipment		4,300
Purchase of inventory		900
Dividends on common stock		200
Operating expenses		600

Bad Brad's would report net cash inflows (outflows) from investing activities in the amount of:

Multiple Choice

$110.
$(1,390).
$(4,300).
$(4,190).

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Bad Brad's BBQ had cash flows for the year as follows ($ in millions): Cash received from: Customers $3,100 Interest on investments 220 Sale of land 120 Sale of common stock 510 Issuance of debt securities 2,700 Cash paid for: Interest on debt $ 350 Income taxes 80 Debt principal reduction 1,650 Purchase of equipment 3,200 Purchase of inventory 700 Dividends on common stock 250 Operating expenses 600 Bad Brad's would report net cash inflows (outflows) from financing activities in the amount of:
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Bad Brad's BBQ had cash flows for the year as follows ($ in millions): CASH RECEIVED FROM: Customers $ 3,000 Interest on investments 220 Sale of land 180 Sale of common stock 540 Issuance of debt securities 2,400 CASH PAID FOR: Interest on debt $ 290 Income tax 110 Debt principal reduction 1,650 Purchase of equipment 4,000 Purchase of inventory 750 Dividends on common stock 180 Operating expenses 750 Bad Brad's would report net cash inflows (outflows) from operating activities in the amount of: Multiple Choice $1,140. $1,320. $1,610. $(1,430) .
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