Question
Knowledge Check 01 Fortuna Company is preparing its statement of cash flows. Cash disbursements during the year included: Payment for a new stamping machine $
Knowledge Check 01 Fortuna Company is preparing its statement of cash flows. Cash disbursements during the year included:
| Payment for a new stamping machine | $ | 200,000 | |
| Payment of dividends to stockholders | 100,000 | ||
| Payment to acquire 100 shares of Lola Corp. | 40,000 | ||
What are Fortunas total cash outflows for financing activities?
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Financial accounting
Authors: Walter T. Harrison Jr., Charles T. Horngren, C. William Thom
9th edition
978-0132751216, 132751127, 132751216, 978-0132751124
