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With Regard to the Self-Liquidating Debt,which of the Following Assets

Question 37

Multiple Choice

With regard to the self-liquidating debt,which of the following assets should be financed with permanent sources of financing?


A) Machinery
B) Expansion of inventory to meet seasonal demands
C) Machinery and expansion of inventory to meet seasonal demands
D) Minimum level of accounts receivable required year round,machinery,and minimum level of cash required for year-round operations

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