Which is the most appropriate form of funding for temporary working capital?
A)Short-term debt
B)Long-term debt
C)Preferred stock
D)Common stock

Question

Quizplus · Accepted Answer

Short-term debt is the most appropriate form of funding for temporary working capital because it can be quickly obtained and repaid as the need for working capital changes. Long-term debt, preferred stock, and common stock are not suitable for temporary working capital needs as they are more long-term sources of financing.

Which Is the Most Appropriate Form of Funding for Temporary