Question
Negative working capital for a firm implies that current assets are partially financed by long-term financing fixed assets are partially financed by current liabilities fixed
Negative working capital for a firm implies that
| current assets are partially financed by long-term financing | ||
| fixed assets are partially financed by current liabilities | ||
| fixed assets are completely financed by current liabilities | ||
| firm has no short-term debt |
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International Financial Management
Authors: Cheol S. Eun, Bruce G.Resnick
6th Edition
71316973, 978-0071316972, 78034655, 978-0078034657
