Question
An aggressive working capital policy would have which of following characteristics?
A. A low ratio of short-term debt to fixed assets.
B. A high ratio of short-term debt to long-term sources of funds.
C. A short average collection period.
D. A high ratio of long-term debt to fixed assets.
would it be D
A. A low ratio of short-term debt to fixed assets.
B. A high ratio of short-term debt to long-term sources of funds.
C. A short average collection period.
D. A high ratio of long-term debt to fixed assets.
would it be D
Answers
Bot
?
No, the correct answer is C. An aggressive working capital policy would have a short average collection period.
No, the correct answer is C. An aggressive working capital policy would have a short average collection period.