question archive You have invested $6,000 in plant improvements and financed $6,000 Long-Term debt to pay for it
You have invested $6,000 in plant improvements and financed $6,000 Long-Term debt to pay for it
Subject:FinancePrice: Bought3
You have invested $6,000 in plant improvements and financed $6,000 Long-Term debt to pay for it. You have also elected to retire $6,000 of Long-Term Debt. Now, your closing cash position reads -$3,000.
How can you fix the current financial decisions so that you have a healthy cash position at the end of the year?
