Answer:
Explanation:
a. Both debt on Long term liability side and cash on assets side will decrease by $19.6 million each. Book value of equity will not change.
b. inventory on assets side will decline by $4.8 million and book value of equity will also decline by the same amount.
c. building on long term assets side will increase by $9.4 million , while cash will decrease by $4.8million on assets side and debt will increase by $4.6million on liabilities side. Book value of equity should not change.
d. Account receivables and book value of equity reduces by $3.1 million for both lines.
e. no effect
f. no effect