Working Capital Policy Involves Day-To-Day Decisions That Determine All Except

question 25

Multiple Choice

Working capital policy involves day-to-day decisions that determine all except which of the following?

• A) firm's level of long-term assets
• B) proportions of short-term and long-term debt used to finance assets
• C) level of investment in each type of current asset
• D) specific sources and mix of short-term credit the firm should employ