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Your firm's banker is getting nervous about your liquidity. Which of the following actions would increase the firm's current ratio ( which is presently 0
Your firm's banker is getting nervous about your liquidity. Which of the following actions would increase the firm's current ratio which is presently and ease the bank's concern?
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File for bankruptcy.
Sell longterm bonds owned by the firm and purchase marketable securities
Allow preferred shareholders to convert their holdings into common stock.
Sell year bonds to purchase fixed assets.
A cash sale of inventory at cost
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