9. Refer to Alpha's cash T-Account for 2019 shown below. Alpha Industries T-Account December 31, 2019 Amounts in million

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9 Refer To Alpha S Cash T Account For 2019 Shown Below Alpha Industries T Account December 31 2019 Amounts In Million 1 (44.52 KiB) Viewed 187 times

9. Refer to Alpha's cash T-Account for 2019 shown below. Alpha Industries T-Account December 31, 2019 Amounts in millions ($) Cash Balance January 1, 2019 725 Collection from Customers 200 150 Payments to suppliers Common Stock Issued 80 100 Salaries Paid Long-term Bond Issued 200 100 Payment of rent and utilities Sale of land 150 50 Dividends Paid 40 Payment of Loan Principal 300 Purchase of new machine Balance December 31, 2019 615 For 2019, what was Alpha's cash flow from operations? A net outflow of $150 million A net inflow of $150 million A net outflow of $110 million A net inflow of $110 million