The purpose of managing current assets and current liabilities is to _

The purpose of managing current assets and current liabilities is to ________.

A) achieve a balance between short-term and long-term financing of a firm
B) achieve as low a level of current liabilities as possible
C) achieve a balance between profitability and risk that contributes to a firm’s value
D) achieve as high a level of current liabilities as possible

ANSWER

C