Problem: Carlos, the owner of a small crane-rental company, frequently uses credit to operate his business. He owns some cranes outright and leases others. He fires his accountant after learning that he's close to bankruptcy and months behind in payments to his equipment suppliers. With winter approaching, he knows business will be slow. What can he do to reduce his debt ratio? Select answer from the options below Sell the cranes he owns outright to catch up on payments with his suppliers. Take out a loan on the property where he parks his cranes to pay down his debt with suppliers. Increase his hourly rental rates to generate more income. Decrease manpower hours to save on payroll.