Julie wants to buy a car and is deciding how she should invest her money. To best meet her needs, she should keep her money in a checking account for easy access.
o invest in US savings bonds because of its short term.
invest in a commodity because of its low risk.
o keep her money in a savings account for easy access.

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.