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answers for this yes and no Armbrust Corporation is the maker of fine fitness equipment. Armbrust s bank has been pressuring the firm to improve
answers for this yes and no Armbrust Corporation is the maker of fine fitness equipment. Armbrusts bank has been pressuring the firm to improve its liquidity. Which of the following actions proposed by the CFO do you believe will actually achieve this objective?
Sell new equity and use the proceeds to purchase a new plant site.
Select
Use cash and marketable securities to pay off shortterm bank borrowings and accounts payable.
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Borrow longterm and use the proceeds to pay off shortterm debt.
Select
Sell surplus fixed assets and invest the proceeds in marketable securities
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