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Mr. Gregory White
Mr. Gregory White, Master's Degree
Category: Multiple Problems
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Experience:  M.A., M.S. Education / Educational Administration
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Action company co-managers should not consider

Resolved Question:

Which of the following is not an action company co-managers should seriously consider in trying to improve the company’s credit rating? You may wish to consult the discussion of the credit rating that appears on the Help screen for the Comparative Financial Performance page of the GSR in answering this question.
Reduce dividends and use the cash saved from lower dividend payments to pay down the loans outstanding on the company’s line of credit
Repurchase shares of the company’s stock and/or cut prices to the bone
Issue additional shares of stock and use the proceeds to pay down the loans on the company’s line of credit
Strive to increase net income, which should help increase the company’s free cash flow (bigger free cash flows lower the number of years it takes to pay back the loans outstanding on the company’s line of credit)
Strive to boost operating profits (higher operating profits boost the company’s times interest earned ratio)
Submitted: 4 years ago.
Category: Multiple Problems
Expert:  Mr. Gregory White replied 4 years ago.


This response is

"Repurchase shares of the company's stock and/or cut prices to the bone"

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