An aggressive working capital policy:
A)uses more short-term financing than long-term.
B)uses short-term financing to support only the peaks of temporary working capital.
C)supports a portion of permanent working capital with short-term financing.
D)Both a & b
E)Both a & c

Question

Quizplus · Accepted Answer

An aggressive working capital policy uses more short-term financing than long-term and supports a portion of permanent working capital with short-term financing. It does not use short-term financing to support only the peaks of temporary working capital.

An Aggressive Working Capital Policy