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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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