help@plusacademics.org

[SOLVED]Looking forward to next year, if Chester’s current cash amount is $17,624 (000) and cash flows from operations next period

Looking forward to next year, if Chester’s current cash amount is $17,624 (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 debt Pays $4,000 (000) in dividends Retires $10,000 (000) in debt Which of the following activities will expose Chester to the most risk of needing an emergency loan?

Select : 1

Submit Answer

  •  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



honeyd


29-03-21 | 14:42:13
Report this answer
(5.0 of 1 reviews)

Net cashflow=17624+2000-4000-10,000=5624(000)
The highest outflow is purchase assets at cost of 15000(000)

Login to answer this question!