Looking forward to next year, if Baldwin's current cash balance is $17,478(000) and cash flows...

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Finance

Looking forward to next year, if Baldwin's current cash balance is $17,478(000) and cash flows from operations next period are unchanged from this period and Baldwin takes ONLY the following actions relating to cash flows from investing and financing activities: Issues 100(000) shares of stock at the current stock price Issues $200(000) of long-term debt Pays $40(000) in dividends Which of the following activities will expose Baldwin to the most risk of needing an emergency loan?
Select: 1
Liquidates the entire inventory
Retires $20,000(000) in long-term debt
Sells $5,000(000) of their Long-term assets
Purchases assets at a cost of $15,000(000)
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