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Long - term capital finances all permanent assets, but short - term debt finances temporary current assets. Which current asset financing policy is consistent with
Longterm capital finances all permanent assets, but shortterm debt finances temporary current assets. Which current asset financing policy is consistent with this statement?
Conservative approach
Aggressive approach
Maturity matching approach
Some portion of fixed assets and the nonseasonal portion of current assets are financed with longterm capital, and all seasonal needs of current assets and the remaining portion of fixed assets are financed with shortterm loans. Which current asset financing policy is consistent with this statement?
Conservative approach
Aggressive approach
Maturity matching approach
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