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

Question

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

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

  CASH RECEIVED FROM:   Customers $ 2,500        Interest on investments 290        Sale of land 130        Sale of common stock 520        Issuance of debt securities 2,300        CASH PAID FOR:   Interest on debt $280        Income tax 90        Debt principal reduction 1,650        Purchase of equipment 4,300        Purchase of inventory 950        Dividends on common stock 230        Operating expenses 750     

Explanation / Answer

Net cash inflows (outflows) from operating activities = 2500+290-280-90-950-750= $720

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