With respect to working capital policy, firms most often employ: - 3809

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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.

Solution Description

With respect to working capital policy, firms most often employ: