there is no additional info for these questions. they are poorly written

a. The current industry average for the debt to total invested capital ratio is 30%. The CFO would like to achieve this without changing the total assets or the current liabilities of the firm by: Issue $8,132 of stocks and use it to pay off some long-term debt. b. Issue $8,132 of long-term debt and use it to buy back stock. c. Issue $11,617 of stocks and use it to pay off some long-term debt. d. Issue $11,617 of long-term debt and use it to buy back stock. Issue $12,460 of stocks and use it to pay off some long-term debt. e. Which of the following statement most accurately describes the state of this firm? a. The decrease in net income is from 2018 to 2019 is a source of concern for this firm as it leads to lower ROA and ROE. b. This firm is on the right track. No obvious concerns. c. This firm's decrease in current and quick ratio is concerning particularly if the economy weakens next year. d. Accounts receivable decreased when all other current assets increased. This is concerning because accounts receivable should keep track with the growth of the firm. Balance Sheet: Assets Cash Accounts Receivable Inventory Net Plant & Equipment 2018 $6,000 15,700 25,000 50,307 2019 $7,200 14,600 28,000 78,400 Liabilities & Equity Accounts Payable Accruals Notes Payable Long-term debt Common stock Retain earnings 2018 $20,000 24,130 9,400 23,000 9,427 11,050 2019 $45,000 23,640 7,000 19,000 17,667 15,893 Income Statement: Net Sales Operating costs except depreciation Depreciation Interest 2018 208,000 180,500 8,000 2,268 2019 224,000 199,764 12,000 1,560 Other Data: Shares outstanding Year-end stock price Tax rate Cost of capital 2018 1600 $20 25% 10% 2019 1840 $21.50 25% 10%