Indicate the change to? global book value of equity

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Problem 1: Consider the following potential events that might have occurred to Global Conglomerate on December? 30, 2018. 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.? (In all? cases, ignore any tax consequences for? simplicity.)

a. Global used $18 million of its available cash to repay $18 million of its? long-term debt.
b. A warehouse fire destroyed $5 million worth of uninsured inventory.  
c. Global used $3 million in cash and $7 million in new? long-term debt to purchase a $10 million building.  
d. A large customer owing $2 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 over 50%.
f. A key competitor announces a radical new pricing policy that will drastically undercut? Global's prices.

Reference no: EM132973929

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