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

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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
Common Stock
Common stock is an equity component that represents the worth of stock owned by the shareholders of the company. The common stock represents the par value of the shares outstanding at a balance sheet date. Public companies can trade their stocks on...
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