Andy recently graduated from college and has accepted a job with Union Savings Bank of Pittsburgh. After meeting with his supervisor, he was informed that he has the option to work remotely from home. While he finds the idea of working from home intriguing he is concerned about some of the drawbacks associated with telecommuting. One drawback to telecommuting that Andy must consider is:.

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.