Darrell's Restaurants Cash Flow ($ in millions)   Cash received from:       Customers $ 1,800   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 $ 300   Income tax   80   Debt principal reduction   1,500   Purchase of equipment   4,000   Purchase of inventory   1,000   Dividends on common stock   200   Operating expenses   500     Calculate Darrell's net cash inflows (outflows) from operating activities. Show your work.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Darrell's Restaurants Cash Flow ($ in millions)

 

Cash received from:

 

 

 

Customers

$

1,800

 

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

$

300

 

Income tax

 

80

 

Debt principal reduction

 

1,500

 

Purchase of equipment

 

4,000

 

Purchase of inventory

 

1,000

 

Dividends on common stock

 

200

 

Operating expenses

 

500

 

 

Calculate Darrell's net cash inflows (outflows) from operating activities. Show your work.

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