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Consider the following potential events that might have occurred to Global Conglomerate on December 30, 2018. For each one, indicate which line items in Global's

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Consider the following potential events that might have occurred to Global Conglomerate on December 30, 2018. For each one, indicate which line items in Global's balance sheet would be affected and by how much. Also indicate the change to Global's book value of equity. (In all cases, ignore any tax consequences for simplicity.) a. Global used $18 million of its available cash to repay $18 million of its long-term debt. b. A warehouse fire destroyed $7 million worth of uninsured inventory. c. Global used $6 million in cash and $3 million in new long-term debt to purchase a $9 million building d. A large customer owing S4 million for products it already received declared bankruptcy, leaving no possibility that Global would ever receive payment. e. Global's engineers discover a new manufacturing process that will cut the cost of its flagship product by over 45%. f. A key competitor announces a radical new pricing policy that will drastically undercut Global's prices. a. Global used $18 million of its available cash to repay $18 million of its long-term debt. (Select from the drop-down menus and round to the nearest integer.) Long-term liabilities would by $ million, and cash would by the same amount. The book value of equity would be b. A warehouse fire destroyed $7 million worth of uninsured inventory. (Select from the drop-down menus and round to the nearest integer.) Inventory would by million, as would the book value of equity. c. Global used $6 million in cash and $3 million in new long-term debt to purchase a $9 million building. (Select from the drop-down menus and round to the nearest integer) Long-term assets would by $ million, cash would by s million, and long-term liabilities would V by million. There would be no change to the book value of equity. d. A large customer owing S4 million for products it already received declared bankruptcy, leaving no possibility that Global would ever receive payment. (Select from the drop-down menus and round to the nearest integer.) would by s million, as would the book value of equity .. Globals engineers discover a new manufacturing process that will cut the cost of its flagship product by over 45%. (Select the best choice below.) A. This event would not affect the balance sheet OB. This event would increase accounts receivable by 45%. OC. This event would decrease inventory by 45% OD. This event would increase the book value of equity by 45% t. A key competitor announces a radical new pricing policy that will drastically undercut Global's prices. (Select the best choice below) O A. This event would decrease accounts receivable by the same percentage OB. This event would increase accounts payable by the same percentage. OC. This event would not affect the balance sheet OD. This event would decrease cash by the same percentage

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