12 Assuming a firm's current ratio (CR = CA/CL) is currently 2.0, which of the following actions will increase the firm's ratio? a. purchasing inventory with cash b. purchasing inventory with short-term credit c. paying off a short-term bank loan with a long-term debt d. a customer of the firm paying an overdue bill e. all of the above will increase the current ratio 13 The total economic (true, i.e. true financial value) value of the firm is (Please READ ALL alternatives before answering): a. Found on the balance sheet b. Equal to the total market value of the stockholders' equity c. equal to the total market value of the all of the firm's assets d. Equal to the total market value of the owners and creditors' claim on the firm, by the balance sheet equation( aka accounting equation) e. both c and d are correct