[SOLVED] Looking forward to next year, if Baldwin’s current cash amount is $20,132 (000) and cash flows
Looking forward to next year, if Baldwin’s current cash amount is $20,132 (000) and cash flows from operations next period are unchanged from this period and Baldwin 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 Baldwin to the most risk of needing an emergency loan?
Select : 1
- Issues 100 (000) shares of common stock
- Sells $7,000 (000) of long-term assets
- Purchases assets at a cost of $15,000 (000)
- Repurchases $10,000 (000) of stock