Global used

$ $20\mathrm{.}9$$$20\mathrm{.}9$

million of its available cash to repay

$ $20\mathrm{.}9$$$20\mathrm{.}9$

million of its$$ long$-$term debt.$($Select the best choice$$ below.$)$

A$.$

$$Long$-$term liabilities would increase by

$ $20\mathrm{.}9$$$20\mathrm{.}9$

$$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\mathrm{.}9$$$20\mathrm{.}9$

$$million$,$ and cash would decrease by the same amount. The book value of equity would be unchanged.

C$.$

$$Long$-$term liabilities would decrease by

$ $20\mathrm{.}9$$$20\mathrm{.}9$

$$million$,$ and cash would increase by the same amount. The book value of equity would be unchanged.

D$.$

$$Long$-$term liabilities would decrease by

$ $20\mathrm{.}9$$$20\mathrm{.}9$

$$million$,$ and cash would decrease by the same amount. The book value of equity would change by

$ $20\mathrm{.}9$$$20\mathrm{.}9$