Which of the following statements regarding how a firm should finance its cash needs is true?...
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Which of the following statements regarding how a firm should finance its cash needs is true? A. Both permanent working capital and temporary working capital should be financed by short-term sources of funds. B. Permanent working capital should be financed by short-term sources of funds, while temporary working capital should be financed by long-term sources of funds. O C. Permanent working capital should be financed by long-term sources of funds, while temporary working capital should be financed by short-term sources of funds. D. Both permanent working capital and temporary working capital should be financed by long-term sources of funds. Which of the following statements regarding how a firm should finance its cash needs is true? A. Both permanent working capital and temporary working capital should be financed by short-term sources of funds. B. Permanent working capital should be financed by short-term sources of funds, while temporary working capital should be financed by long-term sources of funds. O C. Permanent working capital should be financed by long-term sources of funds, while temporary working capital should be financed by short-term sources of funds. D. Both permanent working capital and temporary working capital should be financed by long-term sources of funds.
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