1.

In deciding the appropriate level of current assets for the firm, management is confronted with

A. a trade-off between profitability and risk.
B. a trade-off between liquidity and marketability.
C. a trade-off between equity and debt.
D. a trade-off between short-term versus long-term borrowing.
Answer» B. a trade-off between liquidity and marketability.


Discussion

No Comment Found