Pharoah Inc. has $738,590 to invest. The company is trying to decide between two alternative uses of the funds. One alternative provides $98,007 at the end of each year for 12 years, and the other is to receive a single lump-sum payment of $2,318,010 at the end of the 12 years. Which alternative should Pharoah select

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.