

MCQOPTIONS
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1. |
Your firm has a philosophy that is analogous to the hedging (maturitymatching) approach. Which of the following is the most appropriate non- spontaneous form for financing the excess seasonal current asset needs? |
A. | trade credit. |
B. | 6-month bank notes. |
C. | accounts payable. |
D. | common stock equity. |
Answer» C. accounts payable. | |