Abc company purchased an iso commercial general liability policy. the agent who sold abc the coverage noted that the coverage trigger in this policy was different from the trigger in the previous policy. the new policy covers only those claims which are first reported during the policy period, provided the event occurred after a retroactive date. this type of policy is known as

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.