Darrell's Restaurants Cash Flow ($ in millions) Cash received from: Customers$1,800 Interest on investments 200 Sale of land 100 Sale of Rowdy's common stock 600 Issuance of debt securities 2,000 Cash 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 Calculate Darrell's net cash inflows (outflows) from operating activities. Show your work.

Cash flow statement: A cash flow statement is a financial statement that provides aggregate data…

Answered: Darrell's Restaurants Cash Flow ($ in…

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter16: Statement Of Cash Flows

Section: Chapter Questions

Problem 14MC: If beginning cash equaled $10,000 and ending cash equals $19,000, which is true? A. Operating cash...

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Darrell's Restaurants Cash Flow ($ in millions)

Cash received from:
Customers	$	1,800
Interest on investments		200
Sale of land		100
Sale of Rowdy's common stock		600
Issuance of debt securities		2,000

Cash 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

Calculate Darrell's net cash inflows (outflows) from operating activities. Show your work.

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