Which of the following is true of an aggressive funding strategy of a firm?
A) Under an aggressive funding strategy, a firm funds it seasonal requirements with bonds and long-term loans.
B) Under an aggressive funding strategy, a firm funds its seasonal requirements with short-term debt.
C) Under an aggressive funding strategy, a firm funds both its seasonal and its permanent requirements with long-term debt.
D) Under an aggressive funding strategy, a firm funds it permanent requirements with commercial paper and notes payable.
ANSWER
B
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