Which of the following is true of an aggressive funding strategy of a firm?
A) Under an aggressive funding strategy, a firm funds it seasonal requirements with bonds and long-term loans.
B) Under an aggressive funding strategy, a firm funds its seasonal requirements with short-term debt.
C) Under an aggressive funding strategy, a firm funds both its seasonal and its permanent requirements with long-term debt.
D) Under an aggressive funding strategy, a firm funds it permanent requirements with commercial paper and notes payable.
B
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Substitutions may not be viable options for some industrial clients due to ________ or physical distance limitations
A) the lack of rival suppliers B) the lack of internal technical expertise C) the loss of customers D) the loss of investors
Which of the following statements is accurate regarding a condition?
a. A condition is created only when the phrase "provided that" or a similar phrase introduces it. b. A condition is an event that must occur before a party becomes obligated under a contract. c. A condition must be expressly stated in order to be enforced. d. A condition will not be enforced by the courts unless formal language is used, regardless of the intent of the parties to create a condition.