With respect to working capital policy, firms most often employ:
a.a cautious approach which finances short-term assets with long-term financing.
b.the hedging principle.
c.an aggressive approach which finances long-term assets with short-term financing.
d.a mixture of all of the above.
a.a cautious approach which finances short-term assets with long-term financing.
b.the hedging principle.
c.an aggressive approach which finances long-term assets with short-term financing.
d.a mixture of all of the above.
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