On december 1, 2018, garden products borrowed $92,000 on a 5%, 10-year note with annualinstallment payments of $9200 plus interest due on december 1 of each subsequent year. which ofthe following describes the first installment payment made on december 1, 2019? (round youranswer to the nearest whole number.)a) $4600 interest only b) $9200 principal plus $460 interestc) $9200 principal plus $9200 interest d) $9200 principal plus $4600 interest

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.