Chester to most risk of needing emergency loan

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Looking forward to next year, if Chester’s current cash balance is $17,478 (000) and cash flows from operations next period are unchanged from this period, and Chester 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 $400 (000) in bonds

Retires $10,000 (000) in debt

Which of the following activities will expose Chester to the most risk of needing an emergency loan?

Reference no: EM132171957

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