Answered

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Fortuna Company is preparing its statement of cash flows. Cash disbursements during the year included:

Sagot :

Parrain

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.

View image Parrain
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