If property owners fail to pay their taxes in a timely fashion this can create a first lien on the mortgaged property. In order to protect against this lenders often require that borrowers add what fraction of their estimated tax bill to their required monthly mortgage payments?

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.