Question: Toys Inc. current assets fluctuate between $ 1 0 0 , 0 0 0 and $ 2 0 0 , 0 0 0 , while

Toys Inc. current assets fluctuate between $100,000 and $200,000, while its fixed assets remain
constant at $3,000,000. If the firm follows a conservative working capital financing policy,
what is the likely level of its long-term debt and equity financing?
a. $3,100,000
b. $2,800,000
c. $3,200,000
d. $3,000,000
Toys Inc. current assets fluctuate between $100,000 and $200,000, while its

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