A firm which uses the aggressive financing strategy plans to purchase
A firm which uses the aggressive financing strategy plans to purchase a major fixed asset financed with a loan. The most likely consequence of this action is ________.
A) a decrease in the current ratio
B) an increase in net working capital
C) a decrease in the risk of insolvency
D) an increase in long-term debt
ANSWER
D
Expert paper writers are just a few clicks away
Place an order in 3 easy steps. Takes less than 5 mins.