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Lincoln Industries' current ratio is 0.5. Considered alone, which of the following actions would increase the company's current ratio? a. Use cash to reduce long-term

Lincoln Industries' current ratio is 0.5. Considered alone, which of the following actions would increase the company's current ratio?

a.

Use cash to reduce long-term bonds outstanding.

b.

Borrow using short-term notes payable and use the cash to increase inventories.

c.

Use cash to reduce accruals.

d.

Use cash to reduce accounts payable.

e.

Use cash to reduce short-term notes payable.

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