Question: Agee Technology, Inc., issued 9% bonds, dated January 1, with a face amount of $400 million on July 1, 2016, at a price of $380

Agee Technology, Inc., issued 9% bonds, dated January 1, with a face amount of $400 million on July 1, 2016, at a price of $380 million. For bonds of similar risk and maturity, the market yield is 10%. Interest is paid semiannually on June 30 and December 31.

What would be the amount(s) related to the bonds that Agee would report in its statement of cash flows for the year ended December 31, 2016, if it uses the indirect method and the direct method?

Please choose from these options.

Cash inflow from financing activities

Cash inflow from investing activties

Cash inflow from operating activities

Cash outflow from financing activities

Cash outflow from operating activities

	Amount ?
	Amount?
	Amount?

Please provide with explain and calcualte. Thanks,

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