You Have Invested $6 000 In Plant Improvements And Financed $6 000 Longterm Debt To Pay For It You Have Also
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?