Question: a . Global used $ 2 0 . 1 million of its availatile cash to repay $ 2 0 . 1 million of its long

a. Global used $20.1 million of its availatile cash to repay $20.1 million of its long-term debt. (Select the best choice below)
A. Long-term liabilities would decrease by $20.1 million, and cash would increase by the same amount. The book value of equilty would be unchanged
B. Long-term liabilities would decrease by $20.1 million, and cash would decrease by the same amount. The book value of equity would change by $20.1.
C. Long-term liabilities would decrease by $20.1milline, and cash would decrease by the same amount. The book value of equity would be unchanged.
D. Long-term liabilities would increase by $20.1 million, and cash would increase by the same amount. The book value of equity would be unchanged.
a . Global used $ 2 0 . 1 million of its

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