Which one is the right answer? Bad Brad\'s BBQ had cash flows for the year as fo

Question

Which one is the right answer?

Bad Brad's BBQ had cash flows for the year as follows ($ in millions) CASH RECEIVED FROM Customers Interest on investments Sale of land Sale of common stock Issuance of debt securities $ 2,200 260 170 600 2,200 CASH PAID FOR Interest on debt Income tax Debt principal reduction Purchase of equipment Purchase of inventory Dividends on common stock Operating expenses $ 280 120 1,750 3,300 950 270 450 Bad Brad's would report net cash inflows (outflows) from investing activities in the amount of o $(3130) $(930) $(3,300) O $170

Explanation / Answer

Net cash inflows(outflows) from investing activities = 170-3300=-3130 Option 1 is correct

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