Which of the following financing approaches is the conservative financing approach?
A) financing all temporary current assets with short- term debt, all other assets with long- term debt and/or equity
B) financing all assets with equity
C) financing temporary current assets, permanent current assets, and some long- term fixed assets with short- term debt
D) financing some temporary current assets, all permanent current assets, and all long- term fixed assets with long- term debt and/or equity
Correct Answer:
Verified
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