Wildthing Amusement Company's total assets fluctuate between $320,000 and $410,000, while its fixed assets remain constant at $260,000. If the firm follows a maturity matching or moderate working capital financing policy, what is the likely level of its long-term financing?
A) $ 90,000
B) $260,000
C) $350,000
D) $410,000
E) $320,000
Correct Answer:
Verified
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