Which of the Following Actions Can a Firm Take to Increase

question 31

Multiple Choice

Which of the following actions can a firm take to increase its current ratio?

• A) Issue short-term debt and use the proceeds to buy back long-term debt with a maturity of more than one year.
• B) Reduce the company's days sales outstanding to the industry average and use the resulting cash savings to purchase plant and equipment.
• C) Use cash to purchase additional inventory.
• D) Statements a and b are correct.
• E) None of the statements above is correct.

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Definitions:

Senior Positions

High-level roles within an organization that are responsible for major decision-making and strategy.

Gender Subculture

What forms among persons who share gender identities and display common patterns of behaviour.

Gender Paradox

The phenomenon where gender expectations and realities do not always align, often leading to unexpected outcomes in social and professional contexts.

Double-bind Dilemma

The phenomenon where female leaders get criticized when they act consistent with female subculture stereotypes and when they act consistent with male subculture stereotypes.