Bradford Maintenance,a Firm Which Provides Lawn Care Services,has Some Seasonal

question 93

Multiple Choice

Bradford Maintenance,a firm which provides lawn care services,has some seasonal variations in its cash flow needs,since much of the demand for its services is in the summer months.It uses long-term sources of funds to finance its assets such as its fleet of vehicles and lawn-care equipment and for the permanent funds that it must have at all times.For its peak seasonal needs it uses some short-term debt.What best describes the financial policy being followed by Bradford?

• A)matching
• B)conservative
• C)integrated
• D)seasonal

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