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Rowdy\'s would report net cash inflows (outflows) from operating activities in t

ID: 2351958 • Letter: R

Question

Rowdy's would report net cash inflows (outflows) from operating activities in the amount of: Rowdy's Restaurants cash flow (millions) Cash received from: Customers $3,750 Interest on investments 330 Sale of land 230 Sale of Rowdy's capital stock 860 Issuance of debt securities 3,300 Cash paid for: Interest on debt $430 Income tax 210 Debt principal reduction 2,800 Purchase of equipment 6,600 Purchase of inventory 2,300 Dividends on capital stock 590 Operating expenses 760 $(210) million $380 million $590 million $810 million

Explanation / Answer

$590 million