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According to the Conservative Current Asset Financing Policy

Question 21

Multiple Choice

According to the conservative current asset financing policy, :

A) some of the fixed assets, all of the permanent current assets, and all of the temporary current assets of a firm are financed with long-term capital.
B) some of the fixed assets, some of the permanent current assets, and all of the temporary current assets of a firm are financed with long-term capital.
C) all of the fixed assets, all of the permanent current assets, and some of the temporary current assets of a firm are financed with long-term capital.
D) all of the fixed assets, some of the permanent current assets, and all of the temporary current assets of a firm are financed with long-term capital.
E) all of the fixed assets, some of the permanent current assets, and some of the temporary current assets of a firm are financed with long-term capital.

Correct Answer: