ancialaccounting. XYZ Industries T-Account Balance January 1, 2019 December 31, 2019 Amounts in Millions Cash 70...

Transcribed Image Text:

ancialaccounting. XYZ Industries T-Account Balance January 1, 2019 December 31, 2019 Amounts in Millions Cash 70 Payments to suppliers Salaries Paid 325 Collection from Customers 100 Notes Payable Issued 80 50 Sale of Building 300 30 Payment of rent and utilities Sale of old machine 100 10 Dividends Paid Balance December 31, 2019 405 What is XYZ's 2019 cash flow from operations? A net outflow of $20 million OA net outflow of $50 million A net outflow of $90 million A net outflow of $150 million 40 Payment of Loan Principal 300 Purchase of new machine Question 9168 submit ENG IN ancialaccounting. XYZ Industries T-Account Balance January 1, 2019 December 31, 2019 Amounts in Millions Cash 70 Payments to suppliers Salaries Paid 325 Collection from Customers 100 Notes Payable Issued 80 50 Sale of Building 300 30 Payment of rent and utilities Sale of old machine 100 10 Dividends Paid Balance December 31, 2019 405 What is XYZ's 2019 cash flow from operations? A net outflow of $20 million OA net outflow of $50 million A net outflow of $90 million A net outflow of $150 million 40 Payment of Loan Principal 300 Purchase of new machine Question 9168 submit ENG IN