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Bad Brad's BBQ Had Cash Flows for the Year as Follows

Question 117

Multiple Choice

Bad Brad's BBQ had cash flows for the year as follows ($ in millions) : Bad Brad's would report net cash inflows (outflows) from financing activities in the amount of:
CASH RECEIVED FROM: Customers $1,800 Interest on irwestments 200 Sale of land 100 Sale of common stock 600 Issuance of debt securities 2,000CASH PAID FOR Interest on debt $300 Income tax 80 Debt principal reduction 1,500 Purchase of equipment 4,000 Purchase of inventory 1,000 Dividends on common stock 200 Operating expenses 500\begin{array} { | l | r | } \hline \mathbf { CASH ~RECEIVED~ FROM: } & \\\hline \text { Customers } & \$ 1,800 \\\hline \text { Interest on irwestments } & 200 \\\hline \text { Sale of land } & 100 \\\hline \text { Sale of common stock } & 600 \\\hline \text { Issuance of debt securities } & 2,000 \\\hline \mathbf { CASH ~PAID ~FOR } & \\\hline \text { Interest on debt } & \$ 300 \\\hline \text { Income tax } & 80 \\\hline \text { Debt principal reduction } & 1,500 \\\hline \text { Purchase of equipment } & 4,000 \\\hline \text { Purchase of inventory } & 1,000 \\\hline \text { Dividends on common stock } & 200 \\\hline \text { Operating expenses } & 500 \\\hline\end{array}


A) $1,100.
B) ($1,100) .
C) $820.
D) $900.

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