Using the conservative approach for financing a firm's assets, long term financing would be used only to finance fixed assets, while short term financing would be used to finance current assets including seasonal fluctuations.
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Q1: Short-term financing offers greater flexibility than long-term
Q3: Short-term financing sources include bank loans, trade
Q4: A firm's choice of financing strategy depends
Q5: The aggressive financing approach is a strategy
Q6: The need for current funds increases when
Q7: A line of credit costs the firm
Q8: Working capital includes a firm's marketable securities,
Q9: The choice of financing strategy involves a
Q10: Using aggressive approach for financing a firm's
Q11: An aggressive financing plan has a higher
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