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A lending officer at ABC Bank has insisted that your firm improve the current ratio of 0.5 before the bank will consider a loan. Which

A lending officer at ABC Bank has insisted that your firm improve the current ratio of 0.5 before the bank will consider a loan. Which of the following actions would INCREASE the ratio?

Group of answer choices

A) Paying off long-term debt.

B) Issuing new common stock to pay off short-term bank loan

C) Collecting some of the current accounts receivable

D) Selling some of the existing inventory at cost

E) Using cash to pay off current liabilities

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