Bad Brad’s BBQ had cash flows for the year as follows ($ in


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Bad Brad’s BBQ had cash flows for the year as follows ($ in millions): CASH RECEIVED FROM: Customers$ 2,200 Interest on investments230 Sale of land130 Sale of common stock570 Issuance of debt securities2,300 CASH PAID FOR: Interest on debt$300 Income tax80 Debt principal reduction1,400 Purchase of equipment3,700 Purchase of inventory1,000 Dividends on common stock190 Operating expenses500 Bad Brad’s would report net cash inflows (outflows) from operating activities in the amount of: $850 million. $550 million. $360 million. $(630) million.

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