Question
Looking forward to next year, if Chester's current cash amount is $19,743 (000) and cash flows from operations next period are unchanged from this period
Looking forward to next year, if Chester's current cash amount is $19,743 (000) and cash flows from operations next period are unchanged from this period and Chester takes ONLY the following actions relating to cash flows from investing and financing activities:
Issues $2,000 (000) of long-term debt
Pays $4,000 (000) in dividends
Retires $10,000 (000) in debt
Which of the following activities will expose Chester to the most risk of needing an emergency loan?Select: 1
Sells $7,000 (000) of long-term assets Issues 100 (000) shares of common stock, Repurchases $10,000 (000) of stock, Purchases assets at a cost of $15,000 (000)
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