lholman371 lholman371
  • 02-07-2021
  • Business
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Fortuna Company is preparing its statement of cash flows. Cash disbursements during the year included:

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Parrain
Parrain Parrain
  • 07-07-2021

Answer: $100,000

Explanation:

Financing activities are those that relate with how the company finances its operations and includes cashflows related to equity and long term liability.

The financing activities outflows here total:

= Payment of dividends to stockholders

= $100,000

The two other cashflows are considered investing activities.

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