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Looking forward to next year, if Chester's current cash balance is $17,624(000) and cash flows from operations next period are unchanged from this period, and
Looking forward to next year, if Chester's current cash balance is $17,624(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 100(000) shares of stock at the current stock price Issues $400(000) in bonds Retires $10,000(000) in debt Which of the following activities will expose Chester to the most risk of needing an emergency loan? Liquidates the entire inventory Sells $10,000(000) of their long-term assets Purchases assets at a cost of $25,000(000) Pays a $5.00 per share dividend
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