Prt i=prt
p=$6000 i=6000x8%x3yr
r=8% i=1440x2=2880
t=3yr
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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