Walter Industries' current ratio is 0.5. Considered alone, which of the following actions would increase the company's current ratio?
A. Borrow using short-term notes payable and use the cash to increase inventories.
B. Use cash to reduce accruals.
C. Use cash to reduce accounts payable.
D. Use cash to reduce short-term notes payable.
E. Use cash to reduce long-term bonds outstanding.
Answer: A
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