Williams company uses the weighted-average method in its process costing system. the packaging department started the month with 400 units in process that were 80% complete, receiving 3,000 units from the cutting department. the packaging department had 300 units in process at the end of the period that are 50% complete. all materials are added at the beginning of the process and conversion is added uniformly. from the packaging department, units are transferred to finished goods. for direct material, the equivalent units of production for the finishing department is

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.