Question 5 of 20 + 6 7 A firm wants to strengthen its financial position. Which of the following actions would increase its current ratio? O a. Use cash to increase inventory holdings b. Borrow using short term debt and use the proceeds to repay debt that has a maturity of more than one year, O cash to repurchase some of company's own stock 6. Reduce the company's days' sales outstanding to the industry average and use the resulting cash savings to purchase a new plant and equipment e new stock, then use some of the proceeds to purchase additional inventory and hold the remainder as cash 3 10 11 12 13