In which one of the following situations will a ﬁrm require the most short-term ﬁnancing?

Question

Quizplus · Accepted Answer

A cyclical, irregular growth firm following a restrictive policy will require the most short-term financing as it is experiencing unpredictable growth patterns and has limited access to long-term financing due to its restrictive policy. This firm will need more short-term financing to manage its cash-flows during periods of high demand and growth.

In Which One of the Following Situations Will a ﬁRm