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PtichkaEL [24]
3 years ago
5

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

Business
1 answer:
olga nikolaevna [1]3 years ago
7 0

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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taking an inventory of the special equipment, facilities, and systems needed for production.

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Parents can reduce their taxes by:
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a benefit in receiving a higher education that comes from outside of yourself such as greater job opportunities would be called
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Motivational benefit

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3 years ago
The current USD/euro exchange rate is 1.4000 dollar per euro. The six month forward exchange rate is 1.3950. The six month USD i
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Answer:

the six month euro interest rate is 1.36%

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Spot exchange rate: 1.4 USD/ EUR

6 month forward rate: 1.3950 USD/EUR

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Foreign interest rate: the six month euro interest rate?

We have the formula:

Forward rates =  Spot rate * (1+domestic interest rate)/(1+foreign interest rate)

⇔ 1.3950 = 1.4 *(1+1%)/(1+foreign interest rate)

⇔ 1+foreign interest rate = 1.4 *(1+1%)/1.3950

⇔foreign interest rate = 1.01362 - 1 = 0.01362

⇒ the six month euro interest rate is 1.36%

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