An Aggressive Working Capital Policy Would Have Which of the Following

question 45

Multiple Choice

An aggressive working capital policy would have which of the following characteristics?

• A) A high ratio of long-term debt to capital assets
• B) A low ratio of short-term debt to total debt
• C) A high ratio of short-term debt to long-term sources of funds
• D) A short average collection period

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Definitions:

Wade-Davis Bill

Radical Republicans’ 1864 plan for Reconstruction that required loyalty oaths, abolition of slavery, repudiation of war debts, and denial of political rights to high-ranking Confederate officials; President Lincoln refused to sign the bill.

Loyalty Oath

An oath or pledge affirming one's allegiance to a state or nation, often required by governments of its employees or members of its military forces.

Radical Republicans

A faction within the U.S. Republican Party during and after the Civil War that advocated for the complete abolition of slavery and harsh reconstruction policies for the Southern states.

Battles in Virginia

Battles in Virginia refers to various significant military engagements that took place in the state of Virginia, a location of numerous critical conflicts during both the American Revolutionary War and the Civil War.