Which of the following statements about medicare and social security are false? choose one or more:
a. spending on medicare and social security has increased dramatically as the population has gotten older.
b. social security and medicare are social insurance programs.
c. medicare and social security represent about 10% of total federal government spending.
d. medicare is a program that provides health care to the poor and to the elderly.
e. medicare and social security are mandatory outlays.

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.