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Business, 15.05.2020 03:57 nsg0686

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:Issues $2,000 (000) of long-term debtPays $4,000 (000) in dividendsRetires $10,000 (000) in debtWhich 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 stockC. Issues 100 (000) shares of common stockD. Sells $7,000 (000) of long term assets

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Looking forward to next year, if Chester’s current cash amount is $17,334 (000) and cash flows from...
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