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 investing activities in the amount of:

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

  CASH RECEIVED FROM:   Customers $ 2,800        Interest on investments 250        Sale of land 120        Sale of common stock 510        Issuance of debt securities 1,800        CASH PAID FOR:   Interest on debt $ 320        Income tax 80        Debt principal reduction 1,650        Purchase of equipment 4,900        Purchase of inventory 950        Dividends on common stock 220        Operating expenses 550     

Explanation / Answer

Cash flow from Investing activities: -$4,530 Interest on investment $250 Sale of land $120 Purchase of equipment -$4,900 Cash flow from financing activities: $440 Sale of common stock $510 Issuance of debt securities $1,800 Debt principal portion reduction -$1,650 Dividends on common stock -$220

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