Astoria Co

question 27

Multiple Choice

Astoria Co. had the following transactions during the month of August, 2010:
* Cash received from bank loans was $20,000.
* Dividends of $9,500 were paid to shareholders in cash.
* Revenues earned and received in cash amounted to $33,500
* Expenses incurred and paid were $26,000
-Refer to the above data. At the beginning of August, 2010, equity in Astoria was $160,000. Given the transactions of August, 2010, what will equity be at the end of the month?

• A) $167,500.
• B) $150,500.
• C) $193,500.
• D) $158,000.

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Definitions:

Supply

The total amount of a product or service that is available for purchase at any given point in time.

Transportation Problem

A type of optimization challenge in operations research focusing on finding the most efficient distribution of products from several suppliers to multiple consumers.

Origin Points

Origin points refer to the initial locations or starting places from where goods, services, or journeys begin.

Destination Points

Specific locations to which goods or services are delivered. These can include retail locations, warehouses, or end-customer addresses.