Walter worked nights as a clerk in a fast-food store. on his last work shift, walter's boss told him, "i'm really grateful for the year that you have worked here. i am going to give you a bonus of $1,000 in your last paycheck." when walter got his last paycheck, there was no bonus. if walter sues, the likely result will be:
a) walter will win, as the promise is enforceable.
b) walter will lose, as he gave no consideration.
c) walter will lose unless the promise was in writing.
d) walter will win, as no consideration is required to modify an employment contract.

Afirm wants to strengthen its financial position. which of the following actions would increase its current ratio? a. reduce the company's days' sales outstanding to the industry average and use the resulting cash savings to purchase plant and equipment. b. use cash to repurchase some of the company's own stock. c. borrow using short-term debt and use the proceeds to repay debt that has a maturity of more than one year. d. issue new stock, then use some of the proceeds to purchase additional inventory and hold the remainder as cash. e. use cash to increase inventory holdings.