Ningbo Shipping has prepared the coming year's pro forma balance sheet and has estimated that external financing required would be -$230,000.The firm should prepare to None of the above clone of prior item.
A) repurchase common stock totaling $230,000.
B) pay off an existing loan in the amount of $230,000.
C) accumulate an additional $230,000 of cash on its books.
D) invest in marketable securities totaling $230,000.
E) all of the above
Correct Answer:
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