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. rm...- Oriole Company had a long-term debt of $1 500,000. To extinguish this debt the company issued $1,500,000 of fully paid shares to the

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. rm...- Oriole Company had a long-term debt of $1 500,000. To extinguish this debt the company issued $1,500,000 of fully paid shares to the lender. This transaction would have the following impact on the statement of cash flows r decrease cash by $1,500,000 r

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