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5 Which one of the following illustrates the use of a matching approach to financing? Permanent working capital financed with long-term liabilities. Fluctuating current assets
5 Which one of the following illustrates the use of a matching approach to financing? Permanent working capital financed with long-term liabilities. Fluctuating current assets financed with long-term liabilities. Fluctuating current assets financed with equity. All assets financed with a 50 percent equity, 50 percent long-term debt mixture. QUESTION 6 Your firm decides to tighten its credit policy so that customers pay in 30 days rather than 45 days. Assuming no other changes, this action will decrease the firm's: Trade payables period. Inventory holding period. Trade receivables collection period. None of above
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