Michelle must write a bad-news message to her staff telling them that their hours next month will be reduced. she has just completed phase 1 of the prewriting process and is beginning phase 2. what should she do first? a. write the rough draft of her message. b. select an appropriate color of stationery that will be calming to the reader. c. analyze the bad news to determine how it will affect the reader. d. gather information and brainstorm ways to present the reasons for the bad news.

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.