Question

Rowdy's Restaurants cash flow ($ in millions)

Cash received from:

Customers $3,900
Interest on investments 340
Sale of land 240
Sale of Rowdy's common stock 880
Issuance of debt securities 3,400

Cash paid for:

Interest on debt $440
Income tax 220
Debt principal reduction 2,900
Purchase of equipment 6,800
Purchase of inventory 2,400
Dividends on common stock 620
Operating expenses 780

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

Answer 1

Answer: Cash inflow from investing Activities = 233 200000

Explanation:

Cash Flows from Investing Activities ($ in millions)

Sale of Land = 240 000 000

Purchase of Equipment = - 6,800 000

Cash inflow from investing Activities = 240 000 000 - 6 800 000

 Cash inflow from investing Activities = 233 200000