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Looking forward to next year, if Baldwin's current cash amount is $20,201 (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 $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 Baldwin to the most risk of needing an emergency loan?

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M91725728

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