22 Jul WHICH OF THE FOLLOWING ACTIVITIES WILL EXPOSE DIG BY TO THE MOST RISK OF NEEDING AN EMERGENCY LOAN?
s current cash balance is $20201 (000) and cash flows fro Show more Looking forward to next year if Digbys current cash balance is $20201 (000) and cash flows from operations next period are unchanged from this period and Digby takes ONLY the following actions relating to cash flows from investing and financing activities: Issues 100 (000) shares of stock at the current stock price Issues $400 (000) in bonds Retires $10000 (000) in debt Which of the following activities will expose Dig by to the most risk of needing an emergency loan? Select: 1 Purchases assets at a cost of $25000 (000) Liquidates the entire inventory Pays a $5.00 per share dividend Sells $10000 (000) of their long-term assets Show less
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