Question: 1. Supporting working capital with long-term financing is A) conservative and inexpensive B) expensive and risky C) risky but inexpensive D) conservative but expensive 2.

1. Supporting working capital with long-term financing is

A) conservative and inexpensive

B) expensive and risky

C) risky but inexpensive

D) conservative but expensive

2. An aggressive working capital policy

I. uses more short-term financing than long-term

II. uses short-term financing to support only the temporary working capital

III. supports a portion of permanent working capital with short-term financing

A) All are correct.

B) Only I and II are correct.

C) Only II and III are correct.

D) Only I and III are correct.

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