Question: Looking forward to next year, if Digbys current cash amount is $17,624 (000) and cash flows from operations next period are unchanged from this period

Looking forward to next year, if Digbys current cash amount is $17,624 (000) and cash flows from operations next period are unchanged from this period and Digby 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 Digby to the most risk of needing an emergency loan? Select: 1

Sells $7,000 (000) of long-term assets

Issues 100 (000) shares of common stock

Repurchases $10,000 (000) of stock

Purchases assets at a cost of $15,000 (000)

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