An auditor believes that there is substantial doubt about the ability of Galaxy Ltd to continue as a going concern. In evaluating Galaxy's plans for dealing with the adverse effects of future conditions and events, the auditor would most likely consider a mitigating factor to be Galaxy's plans to:

Select one:

a.Purchase essential equipment and production facilities currently being leased.

b.Enhance the quality of existing product lines by investing in new manufacturing technology.

c.Negotiate reductions in interest rates on outstanding debt.

d.Accelerate research and development projects related to improved future products.