Rowdy's Restaurants cash flow ($ in millions)
Cash received from:
Customers $ 3,600
Interest on investments 320
Sale of land 220
Sale of Rowdy's capital stock 840
Issuance of debt securities 3,200
Cash paid for:
Interest on debt $ 420
Income tax 200
Debt principal reduction 2,700
Purchase of equipment 6,400
Purchase of inventory 2,200
Dividends on capital stock 560
Operating expenses 740
Rowdy's would report net cash inflows (outflows) from operating activities in the amount of:
A. $220 million.
B. $ (2,980) million.
C. $ (6,180) million.
D. $ (6,400) million.
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