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Looking forward to next year if Chester s current cash amount is $17334 and cash flows from operations next period are unchanged from this period and Chester takes

Looking forward to next year, if Chester s current cash amount is $17,334 (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: 1. Issues $2,000 (000) of long-term debt 2. Pays $4,000 (000) in dividends 3. Retires $10,000 (000) in debt Which of the following activities will expose Chester to the most risk of needing an emergency loan? (a). Purchases assets at a cost of $15,000 (000) (b). Repurchases $10,000 (000) of stock (c). Issues 100 (000) shares of common stock (d). Sells $7,000 (000) of long term assets

Apr 24 2020 Read more Less More

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