Consider the following potential events that might have occurred to Global on December 30, 2019. 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 $19.6 million of its available cash to repay $19.6 million of its long-term debt.b. A warehouse fire destroyed $5.2 million worth of uninsured inventory.c. Global used $4.7 million in cash and $4.6 million in new long-term debt to purchase a $9.3 million building.d. A large customer owing $2.8 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 46%.f. A key competitor announces a radical new pricing policy that will drastically undercut Global's prices.d. A large customer owing $2.8 million for products it already received declared bankruptcy, leaving no possibility that Global would ever receive payment. (Select the best choice below.)e. Global's engineers discover a new manufacturing process that will cut the cost of its flagship product by more than 46%. (Select the best choice below.)f. A key competitor announces a radical new pricing policy that will drastically undercut Global's prices. (Select the best choice below.) Consider the following potential events that might have occurred to Global on December 30, 2019, For each one, indicate which line items in Global's balance sheetwould be affected and by how much. Also indicate the change to Global's book value of equity.a. Global used $19.6 million of its available cash to repay $19.6 million of its long-term debt.b. A warehouse fire destroyed $5.2 million worth of uninsured inventory.c. Global used $4.7 million in cash and $4.6 million in new long-term debt to purchase a $9.3 million building.d. A large customer owing $2.8 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 46%.f. A key competitor announces a radical new pricing policy that will drastically undercut Global's prices.would be no change to the book value of equity.d. A large customer owing $2.8 million for products it already received declared bankruptcy, leaving no possibility that Global would ever receive payment.(Select the best choice below.)O A. Accounts receivable would increase by $2.8 million, as would the book value of equity.O B. Accounts receivable would decrease by $2.8 million, and the book value of equity would increase by the same amount.O C. Accounts receivable would increase by $2.8 million, and the book value of equity would decrease by the same amount.O D. Accounts receivable would decrease by $2.8 million, as would the book value of equity.e. Global's engineers discover a new manufacturing process that will cut the cost of its flagship product by more than 46%. (Select the best choice below.)O A. This event would not affect the balance sheet.O B. This event would decrease inventory by over 46%.O C. This event would decrease inventory by over 46% and the book value of equity would increase by the same amountO D. This event would decrease inventory by over 46% and the book value of equity would decrease by the same amount. Consider the following potential events that might have occurred to Global on December 30, 2019. For each one, indicate which line items in Global's balance sheetwould be affected and by how much. Also indicate the change to Global's book value of equity.a. Global used $19.6 million of its available cash to repay $19.6 million of its long-term debt.b. A warehouse fire destroyed $5.2 million worth of uninsured inventory.c. Global used $4.7 million in cash and $4.6 million in new long-term debt to purchase a $9.3 million building.d. A large customer owing $2.8 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 46%.f. A key competitor announces a radical new pricing policy that will drastically undercut Global's prices.O D. Accounts receivable would decrease by $2.8 million, as would the book value of equity.e. Global's engineers discover a new manufacturing process that will cut the cost of its flagship product by more than 46%. (Select the best choice below.)O A. This event would not affect the balance sheet.OB. This event would decrease inventory by over 46%.O C. This event would decrease inventory by over 46% and the book value of equity would increase by the same amount.O D. This event would decrease inventory by over 46% and the book value of equity would decrease by the same amount.f. A key competitor announces a radical new pricing policy that will drastically undercut Global's prices. (Select the best choice below.)O A. This event would affect the balance sheet in an unpredictable manner.O B. This event would not affect the balance sheet.O C. This event would decrease the book value of equity.O D. This event would decrease inventory.

Question

Consider the following potential events that might have occurred to Global on December 30, 2019. 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 $19.6 million of its available cash to repay $19.6 million of its long-term debt.b. A warehouse fire destroyed $5.2 million worth of uninsured inventory.c. Global used $4.7 million in cash and $4.6 million in new long-term debt to purchase a $9.3 million building.d. A large customer owing $2.8 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 46%.f. A key competitor announces a radical new pricing policy that will drastically undercut Global's prices.d. A large customer owing $2.8 million for products it already received declared bankruptcy, leaving no possibility that Global would ever receive payment.  (Select the best choice below.)e. Global's engineers discover a new manufacturing process that will cut the cost of its flagship product by more than 46%.  (Select the best choice below.)f. A key competitor announces a radical new pricing policy that will drastically undercut Global's prices.  (Select the best choice below.) Consider the following potential events that might have occurred to Global on December 30, 2019, For each one, indicate which line items in Global's balance sheetwould be affected and by how much. Also indicate the change to Global's book value of equity.a. Global used $19.6 million of its available cash to repay $19.6 million of its long-term debt.b. A warehouse fire destroyed $5.2 million worth of uninsured inventory.c. Global used $4.7 million in cash and $4.6 million in new long-term debt to purchase a $9.3 million building.d. A large customer owing $2.8 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 46%.f. A key competitor announces a radical new pricing policy that will drastically undercut Global's prices.would be no change to the book value of equity.d. A large customer owing $2.8 million for products it already received declared bankruptcy, leaving no possibility that Global would ever receive payment.(Select the best choice below.)O A. Accounts receivable would increase by $2.8 million, as would the book value of equity.O B. Accounts receivable would decrease by $2.8 million, and the book value of equity would increase by the same amount.O C. Accounts receivable would increase by $2.8 million, and the book value of equity would decrease by the same amount.O D. Accounts receivable would decrease by $2.8 million, as would the book value of equity.e. Global's engineers discover a new manufacturing process that will cut the cost of its flagship product by more than 46%. (Select the best choice below.)O A. This event would not affect the balance sheet.O B. This event would decrease inventory by over 46%.O C. This event would decrease inventory by over 46% and the book value of equity would increase by the same amountO D. This event would decrease inventory by over 46% and the book value of equity would decrease by the same amount. Consider the following potential events that might have occurred to Global on December 30, 2019. For each one, indicate which line items in Global's balance sheetwould be affected and by how much. Also indicate the change to Global's book value of equity.a. Global used $19.6 million of its available cash to repay $19.6 million of its long-term debt.b. A warehouse fire destroyed $5.2 million worth of uninsured inventory.c. Global used $4.7 million in cash and $4.6 million in new long-term debt to purchase a $9.3 million building.d. A large customer owing $2.8 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 46%.f. A key competitor announces a radical new pricing policy that will drastically undercut Global's prices.O D. Accounts receivable would decrease by $2.8 million, as would the book value of equity.e. Global's engineers discover a new manufacturing process that will cut the cost of its flagship product by more than 46%. (Select the best choice below.)O A. This event would not affect the balance sheet.OB. This event would decrease inventory by over 46%.O C. This event would decrease inventory by over 46% and the book value of equity would increase by the same amount.O D. This event would decrease inventory by over 46% and the book value of equity would decrease by the same amount.f. A key competitor announces a radical new pricing policy that will drastically undercut Global's prices. (Select the best choice below.)O A. This event would affect the balance sheet in an unpredictable manner.O B. This event would not affect the balance sheet.O C. This event would decrease the book value of equity.O D. This event would decrease inventory.

Accepted Answer

A large customer owing $2.8 million for products it already received declared bankruptcy, leaving no…