The following data for Ali’s  Restaurants Cash Flow (in millions) to answer the questions 4,5,&6 below: Cash received from:   Customers OR1,800 Interest on investments 200 Sale of land 100 Issuance of ordinary shares 600 Issuance of debt securities 2,000     Cash paid for:   Interest on debt OR   300 Income tax 80 Debt principal reduction 1,500 Purchase of equipment 4,000 Purchase of inventory 1,000 Dividends on ordinary shares 200 Operating expenses 500   Assuming that interest received and paid are classified as operating cash flows, and dividends paid are classified as financing cash flows, Ali’s  would report net cash inflows (outflows) from operating activities in the amount of:

Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter11: The Statement Of Cash Flows
Section: Chapter Questions
Problem 13MCQ
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The following data for Ali’s  Restaurants Cash Flow (in millions) to answer the questions 4,5,&6 below:

Cash received from:

 

Customers

OR1,800

Interest on investments

200

Sale of land

100

Issuance of ordinary shares

600

Issuance of debt securities

2,000

 

 

Cash paid for:

 

Interest on debt

OR   300

Income tax

80

Debt principal reduction

1,500

Purchase of equipment

4,000

Purchase of inventory

1,000

Dividends on ordinary shares

200

Operating expenses

500

 

Assuming that interest received and paid are classified as operating cash flows, and dividends paid are classified as financing cash flows, Ali’s  would report net cash inflows (outflows) from operating activities in the amount of: 

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