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cookant2013m cookant2013m
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4 years ago
Your banker is concerned about your company's liquidity. Which of the following actions would increase the firm's current ratio and ease the bank's concern?

▸ Sell some inventory for cash.

▸ File for bankruptcy.

▸ Call your convertible bonds and thereby force the bond holders to become shareholders.

▸ Sell some of the firm's long-term bonds and purchase marketable securities.

▸ Sell long-term bonds to purchase new machinery.
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Corporate Finance Online

Corporate Finance Online


Edition: 2nd
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mohawktidalwavemohawktidalwave
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4 years ago
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4 years ago
You make an excellent tutor!
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Just got PERFECT on my quiz
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This helped my grade so much Perfect
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