Question
a. Global used $ 19.9$19.9 million of its available cash to repay $ 19.9$19.9 million of its long-term debt. (Select the best choice below.) A.
a. Global used $ 19.9$19.9 million of its available cash to repay $ 19.9$19.9 million of its long-term debt. (Select the best choice below.)\ A.\ Long-term liabilities would decrease by $ 19.9$19.9 million, and cash would increase by the same amount. The book value of equity would be unchanged.\ B.\ Long-term liabilities would increase by $ 19.9$19.9 million, and cash would increase by the same amount. The book value of equity would be unchanged.\ C.\ Long-term liabilities would decrease by $ 19.9$19.9 million, and cash would decrease by the same amount. The book value of equity would change by $ 19.9$19.9.\ D.\ Long-term liabilities would decrease by $ 19.9$19.9 million, and cash would decrease by the same amount. The book value of equity would be unchanged.\
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