Chester currently has $20,201 (000) in cash and management has decided to issue stocks and bonds worth an additional $8,000 (000).

Chester currently has $20,201 (000) in cash and management has decided to issue stocks and bonds worth an additional $8,000 (000). Assuming that cash from operations will be the same for each of the following activities, which activity exposes this company to the most risk of being issued an emergency loan?

Select: 1

Liquidate the entire inventory

A $5 dividend. (There are 1,908,491 shares)

Purchasing $18,000 (000) worth of plant and equipment

Retiring the oldest bond. (face value of oldest bond: