Davis, CPA, believes there is substantial doubt about the ability of Hill Co$.$ to continue as a going concern for a reasonable period of time. In evaluating Hill's plans for dealing with the adverse effects of future conditions and events, Davis most likely would consider, as a mitigating factor, Hill's plans to:

a$.$ Accelerate research and development projects related to future products.

b$.$ Accumulate treasury stock at prices favorable to Hill's historic price range.

c$.$ Purchase equipment and production facilities currently being leased.

$q,$ d$.$ Negotiate reductions in required dividends being paid on preferred stock.