23 & 24 pls!

Question 23 8 pts SandRidge Co raises $10m in new long-term debt to purchase land for $5m and to repay $5m of short-term debt. What will be the impact on the long-term debt and on the book value of equity in the balance sheet? Long-term debt increases & book equity value remains the same Long-term debe decreases & book equity value increases Long-term debt increases & book equity value decreases Long-term debt decreases & book equity value remains the same D Question 24 8 pts Which of following is a primary market transaction? Citigroup purchases Uber shares in its IPO Vanguard sells all its Facebook shares on NASDAQ You purchase DELL shares on NYSE You sell shares of Apple through online broker