Posted by: Pdfprep
Post Date: June 5, 2021
An entity’s policy is to finance the investment in working capital using short-term financing to fund all of its investment in fluctuating net current assets as well as some of its investment in permanent net current assets.
What is this working capital financing policy known as?
A . Conservative
B . Moderate
C . Aggressive
D . Short term
Answer: C
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