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Potvin Potvin
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8 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?
A) Sell some inventory for cash.
B) File for bankruptcy.
C) Call your convertible bonds and thereby force the bond holders to become shareholders.
D) Sell some of the firm's long-term bonds and purchase marketable securities.
E) Sell long-term bonds to purchase new machinery.
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Corporate Finance Online

Corporate Finance Online


Edition: 1st
Authors:
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BlimpBlimp
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8 years ago
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Pol. Sci. Major
Minoring in Business
Columbia University Sophomore

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Potvin Author
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#2
8 years ago
You're incredible, ty
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