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A firm which adopts a compromise short-term financial policy: a. relies primarily on short-term debt to meet all of its financing needs. b. will maintain

A firm which adopts a compromise short-term financial policy:

a.

relies primarily on short-term debt to meet all of its financing needs.

b.

will maintain a constant level of long-term debt as the firm increases in size.

c.

borrows sufficient long-term money so that short-term financing can be avoided.

d.

finances its long-term assets with a combination of short-term and long-term debt.

e.

will sometimes have cash surpluses and sometimes have cash shortfalls.

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