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What is the most appropriate action chopin ltd can take

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Question 1: Chopin Ltd has a debt contract and is close to violating the return on equity ratio as stipulated in the debt agreement. What is the most appropriate action Chopin Ltd can take?

  1. Negotiate a loan to increase cash balance.
  2. Accelerate the collection of receivables.
  3. Negotiate to prepay long-term debt.
  4. Revalue a class of non-current asset.

Reference no: EM132538387

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