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Astoria Co. had the following transactions during the month of August 2018: * Cash received from bank loans was $22,000. * Dividends of $9,700 were
Astoria Co. had the following transactions during the month of August 2018: * Cash received from bank loans was $22,000. * Dividends of $9,700 were paid to stockholders in cash. Revenues earned and received in cash amounted to $35,500 Expenses incurred and paid were $27,000. For the month of August, net cash flows from operating activities for Astoria were
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