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Which One of These Best Describes a Characteristic of a Flexible

Question 21

Multiple Choice
Which one of these best describes a characteristic of a flexible financing policy?
A) All of a company's assets are financed with long-term debt.
B) Only long-term assets are financed with long-term debt.
C) Short-term financing will be used to finance seasonal peaks.
D) Inventory is purchased with cash.
E) Low levels of inventory are maintained.

Which one of these best describes a characteristic of a flexible financing policy?


A) All of a company's assets are financed with long-term debt.
B) Only long-term assets are financed with long-term debt.
C) Short-term financing will be used to finance seasonal peaks.
D) Inventory is purchased with cash.
E) Low levels of inventory are maintained.

Correct Answer:

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