The managerial balance sheets at the end of 2009 and, five years later, at the end of 2019 are shown below for Going Concern Incorporated. All numbers are in millions $. End of 2009 Invested Capital Cash WCR Net Fixed Assets Capital Employed $350 Short term Debt $530 Long term financing $1000 Long term debt Shareholder equity $1880 | Total Capital Employed $100 $1780 3780 $1000 $1880 Total Invested Capital End of 2019 Invested Capital Cash WCR Net Fixed Assets $380 Capital Emplo $380 Short term Debt $480 Long term financing $2000 Long term debt | Shareholder equity $2860 Total Capital Employed $60 $2800 $2300 $500 $2860 Total Invested Capital 13. Over the ten-year period from 2009 to 2019 what can you infer about Going Concern Incorporated's activities? (A) Sold assets to raise cash and pay down long term debt (B) Issued stock (equity) to raise cash and pay down long term debt (C) Bought assets financed by raising debt (selling bonds) (D) Bought assets financed by raising debt (buying bonds) (E) Sold assets to raise cash and buy back stock (equity) 14. Considering the actions of Going Concern Incorporated, is it true that the firm increased risk because it now has a larger interest payment to make? Yes No The managerial balance sheets at the end of 2009 and, five years later, at the end of 2019 are shown below for Going Concern Incorporated. All numbers are in millions $. End of 2009 Invested Capital Cash WCR Net Fixed Assets Capital Employed $350 Short term Debt $530 Long term financing $1000 Long term debt Shareholder equity $1880 | Total Capital Employed $100 $1780 3780 $1000 $1880 Total Invested Capital End of 2019 Invested Capital Cash WCR Net Fixed Assets $380 Capital Emplo $380 Short term Debt $480 Long term financing $2000 Long term debt | Shareholder equity $2860 Total Capital Employed $60 $2800 $2300 $500 $2860 Total Invested Capital 13. Over the ten-year period from 2009 to 2019 what can you infer about Going Concern Incorporated's activities? (A) Sold assets to raise cash and pay down long term debt (B) Issued stock (equity) to raise cash and pay down long term debt (C) Bought assets financed by raising debt (selling bonds) (D) Bought assets financed by raising debt (buying bonds) (E) Sold assets to raise cash and buy back stock (equity) 14. Considering the actions of Going Concern Incorporated, is it true that the firm increased risk because it now has a larger interest payment to make? Yes No