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26 Which of the following statements is FALSE? ut of question Select one: O a. The matching principle states that short-term needs should be financed

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26 Which of the following statements is FALSE? ut of question Select one: O a. The matching principle states that short-term needs should be financed with short-term debt and long-term needs should be financed with long-term sources of funds. O b. Because investment in permanent working capital is required so long as the firm remains in business, it constitutes a long-term investment. O c. Because temporary working capital represents a short- term need, the firm should finance this portion of its investment with short-term financing. O d. Temporary working capital is the difference between the lowest level of investment in short-term assets and the permanent working capital investment

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