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Use the following balance sheet information to answer the questions. 2019 2020 Long-term debt 225 140 Common Stock 350 320 5. Does the change in

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Use the following balance sheet information to answer the questions. 2019 2020 Long-term debt 225 140 Common Stock 350 320 5. Does the change in long-term debt indicate cash inflow or outflow to the firm? To the creditors? (respectively) a. Cash outflow; cash inflow b. Cash inflow; cash outflow 6. Does the change in common stock indicate cash inflow or outflow to the firm? To the equityholders? (respectively) a. Cash outflow; cash inflow b. Cash inflow; cash outflow

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