A Firm That Chooses Strategy A, as Portrayed in Chapter

question 49

Multiple Choice

A firm that chooses Strategy A, as portrayed in Chapter 29, should plan to

• A)maintain a high ratio of current assets to sales.
• B)use high levels of short-term debt and low levels of long-term financing.
• C)decrease its dividend soon.
• D)have surplus cash that can be invested in short-term securities.

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