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Alexus [3.1K]
3 years ago
11

Looking forward to next year, if Digby’s current cash amount is $17,478 (000) and cash flows from operations next period are unc

hanged 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?
a. Purchases assets at a cost of $25,000 (000)
b. Sells $10,000 (000) of their long-term assets
c. Liquidates the entire inventory
d. Pays a $5.00 per share dividend
Business
1 answer:
Strike441 [17]3 years ago
8 0

Answer:

d

Explanation:

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

Repurchases $10,000 (000) of stock

Issues 100 (000) shares of common stock

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

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6 0
4 years ago
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Answer:

133 acres of sugar cane

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Explanation:

We setup the fromulas and use excel solver:

labor hours:  3 x sugar acres + 4 x soybean <= 1,600

profit  = 1,000 x sugar acres + 2,000 soybean

with the restriction soybean <= 300

                 SOLVER  

              acres          hours             PROFIT

sugar cane 133  x 3 = 399       x 1,000 =    133,000

soybeans 300  x 4 = 1,200           x 2,000 =<u>  600,000  </u>

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