Question: a . Global used $ 2 0 . 6 million of its available cash to repay $ 2 0 . 6 million of its long

a. Global used $20.6 million of its available cash to repay $20.6 million of its long-term debt. (Select the best choice below.)
A. Long-term liabilities would increase by $20.6 million, and cash would increase by the same amount. The book value of equity would be unchanged.
B. Long-term liabilities would decrease by $20.6 million, and cash would increase by the same amount. The book value of equity would be unchanged.
C. Long-term liabilities would decrease by $20.6 million, and cash would decrease by the same amount. The book value of equity would be unchanged.
D. Long-term liabilities would decrease by $20.6 million, and cash would decrease by the same amount. The book value of equity would change by $20.6.
 a. Global used $20.6 million of its available cash to repay

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