QUESTION 5 1 pointsSave Answer A firm has a current ratio of 1; in order to improve its liquidity ratios, this firm might a decrease current liabilities by utilizing more long-term debt, thereby increasing the current and quick ratios. b. improve its collection practices by providing extended credit policy. c. increase inventory, thereby increasing current assets and the current and quick ratios. O d. improve its collection practices and pay accounts payable, thereby decreasing current liabilities and decreasing the current and quick ratios. QUESTION6 1 points Save Answer indicates the percentage of each sales dollar remaining after the firm has paid for its goods. a, Gross profit margin b. Earnings available to common shareholders c. Net profit margin d, Operating profit margin