With a ﬂexible policy with regard to short term ﬁnancing, over a year a ﬁrm will have:
A)Some short-term borrowing.
B)Some funds to invest in marketable equity securities.
C)Full coverage of permanent current assets.
D)Both A and B are correct.
E)A, B and C are correct.

Question

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The Answer of With a ﬂexible policy with regard to short term ﬁnancing, over a year a ﬁrm will have:
A)Some short-term borrowing.
B)Some funds to invest in marketable equity securities.
C)Full coverage of permanent current assets.
D)Both A and B are correct.
E)A, B and C are correct.

With a ﬂExible Policy with Regard to Short Term ﬁNancing