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Consider the following potential events that might have occurred to Global on December 30, 2022. For each one, indicate which line items in Global's balance sheet would be affected and by how much. Also indicate the change to Global's book value of equity. a. Global used $20.0 million of its available cash to repay $20.0 million of its long-term debt. b. A warehouse fire destroyed $5.0 million worth of uninsured inventory. c. Global used $5.0 million in cash and $5.0 million in new long-term debt to purchase a $10.0 million building. d. A large customer owing $3.0 million for products it already received declared bankruptcy, leaving no possibility that Global would ever receive payment. e. Global's engineers discover a new manufacturing process that will cut the cost of its flagship product by more than 50%. a. Global used $20.0 million of its available cash to repay $20.0 million of its long-term debt. (Select the best choice below.) O A. Long-term liabilities would decrease by $20.0 million, and cash would decrease by the same amount. The book value of equity would change by $20.0. O B. Long-term liabilities would decrease by $20.0 million, and cash would decrease by the same amount. The book value of equity would be unchanged. OC. Long-term liabilities would increase by $20.0 million, and cash would increase by the same amount. The book value of equity would be unchanged.

Consider the following potential events that might have occurred to Global on December 30, 2022. For each one, indicate which line items in Global's balance sheet would be affected and by how much. Also indicate the change to Global's book value of equity. a. Global used $20.0 million of its available cash to repay $20.0 million of its long-term debt. b. A warehouse fire destroyed $5.0 million worth of uninsured inventory. c. Global used $5.0 million in cash and $5.0 million in new long-term debt to purchase a $10.0 million building. d. A large customer owing $3.0 million for products it already received declared bankruptcy, leaving no possibility that Global would ever receive payment. e. Global's engineers discover a new manufacturing process that will cut the cost of its flagship product by more than 50%. a. Global used $20.0 million of its available cash to repay $20.0 million of its long-term debt. (Select the best choice below.) A. Long-term liabilities would decrease by $20.0 million, and cash would decrease by the same amount. The book value of equity would change by $20.0. B. Long-term liabilities would decrease by $20.0 million, and cash would decrease by the same amount. The book value of equity would be unchanged. C. Long-term liabilities would increase by $20.0 million, and cash would increase by the same amount. The book value of equity would be unchanged

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