An aggressive working capital policy would have which of the following characteristics?
A) A high ratio of long-term debt to capital assets
B) A low ratio of short-term debt to total debt
C) A high ratio of short-term debt to long-term sources of funds
D) A short average collection period
Correct Answer:
Verified
Q1: Which of the following combinations of asset
Q4: The term "permanent current assets" implies:
A) the
Q5: A "normal" term structure of interest rates
Q8: Which of the following is a reason
Q47: Working capital management is primarily concerned with
Q81: Normally, permanent current assets should be financed
Q95: During tight money periods
A)long-term rates are higher
Q109: Which of the following techniques allows explicit
Q113: Risk exposure due to heavy short-term borrowing
Q120: An aggressive, risk-oriented firm will likely
A) borrow
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