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Which one of these best describes a flexible financing policy?

All of a firm’s assets are financed with long-term debt.

Only long-term assets are financed with long-term debt.

Short-term financing will be used to finance seasonal peaks.

Firms finance receivables with maturity factoring and finance inventory with blanket inventory liens.

Firms maintain low levels of inventory to avoid inventory loans.

Financial Accounting, Accounting

  • Category:- Financial Accounting
  • Reference No.:- M92039912

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