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Consider the foliowing potential events that might have oceurred to Globat on December 30, 2021. For each one, indicate which line items in Globals statement

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Consider the foliowing potential events that might have oceurred to Globat on December 30, 2021. For each one, indicate which line items in Globals statement of financial decision would be affected and by bow much. Also, indicate the change to Globars bock value of eguity. Complete parts a through f below. a. Global used $20,5 million of its avaitable cash to repay $20.5 million of its long-term debt. Choose the correct artswer below A. Long-term kabilities would decrease by $20.5 million, and cash would decrease by the same amount. The book value of aquity would change by $205 million B. Long-term liabilities would increase by $20.5 milion, and cash would increase by the same amounL. The book value of equity would be unchanged. c. Long-term liabilities would decrease by $20.5 malion, and cash would decrease by the same amount. The book value of equity would be unchanged. D. Long-term fiabilites would decrease by $20.5 million, and cash would increase by the same amount. The book valuo of equity would be unchanged. b. A warehouse fire destroyed $4,8 milion warth of uninsured inventory. Choose the correct answer below. A. Inventory would increase by $4.8 million, as would the book value of equity. B. Inventory would decrease by $4.8 million, as would the book value of equity. Which of the following statement of financial position equations is correct? A. Assets - Liabilities = Shareholders' Equity B. Assets + Current Liabilities = Long Term Liabilities + Shareholders' Equity C. Assets - Current Liabilities = Long Term Liabilities D. Assets + Current Liabilities = Long Term Liabilities - Shareholders' Equity E. Assets + Liabilities = Shareholders' Equity

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