Tat Corporation produces a single product and has the following cost structure: Number of units produced each year 7,000 Variable costs per unit: Direct materials $ 77 Direct labor $ 89 Variable manufacturing overhead $ 5 Variable selling and administrative expenses $ 3 Fixed costs per year: Fixed manufacturing overhead $ 532,000 Fixed selling and administrative expenses $ 574,000 The unit product cost under absorption costing 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.