Rusty reft, who lives in territory 5, carries 10/20/5 compulsory liability insurance along with optional collision that has a $300 deductible. rusty was at fault in an accident that caused $1,900 damage to the other auto and $2,600 damage to his own. also, the courts awarded $13,300 and $8,700, respectively, to the two passengers in the other car for personal injuries.

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.