Amram Company's current ratio is 2.0. Considered alone, which of the following actions would lower the current ratio?
a) Borrow using short-term notes payable and use the proceeds to reduce accruals.
b) Borrow using short-term notes payable and use the proceeds to reduce long-term debt.
c) Use cash to reduce accruals.
d) Use cash to reduce short-term notes payable.
e) Use cash to reduce accounts payable.