Alex is renting his first apartment and his estimated value of contents list appears above. He has very bad credit and is living in a pretty bad area. The cost for his renter's insurance policy would be over $2000 per year. Would you recommend him purchasing it? Why or why not?

Afirm wants to strengthen its financial position. which of the following actions would increase its current ratio? a. reduce the company's days' sales outstanding to the industry average and use the resulting cash savings to purchase plant and equipment.b. use cash to repurchase some of the company's own stock.c. borrow using short-term debt and use the proceeds to repay debt that has a maturity of more than one year.d. issue new stock, then use some of the proceeds to purchase additional inventory and hold the remainder as cash.e. use cash to increase inventory holdings.