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Looking forward to next year, if digby’s current cash balance is $17,478 (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 100 (000) shares of stock at the current stock priceissues $400 (000) in bondsretires $10,000 (000) in debtwhich of the following activities will expose digby to the most risk of needing an emergency loan? a. purchases assets at a cost of $25,000 (000)b. sells $10,000 (000) of their long-term assetsc. liquidates the entire inventoryd. pays a $5.00 per share dividend
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Looking forward to next year, if digby’s current cash balance is $17,478 (000) and cash flows from o...
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