Looking forward to next year, if Digby’s
Looking forward to next year, if Digby’s current cash amount is $19,378 (000) and cash flows from operations next period are unchanged from this period and Digby takes ONLY the following actions relating to cash flows from investing and financing activities:
Issues $2,000 (000) of long-term debt
Pays $4,000 (000) in dividends
Retires $10,000 (000) in debt
Which of the following activities will expose Digby to the most risk of needing an emergency loan?
Select: 1
Repurchases $10,000 (000) of stock
Purchases assets at a cost of $15,000 (000)
Issues 100 (000) shares of common stock
Sells $7,000 (000) of long-term assets
