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Q: Which of the following is most consistent with the hedging principle in working capital management? A. Fixed assets should be financed with short-term notes payable. B. Inventory should be
financed with preferred stock. C. Accounts receivable should be financed with short-term lines of credit. D. Borrow on a floating rate basis to finance investments in permanent assets.
A: Which of the following is most consistent with the hedging principle in working capital management? C. Accounts receivable should be financed with short-term lines of credit.
Expert answered|yeswey|Points 1642|
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Asked 1/14/2013 2:17:09 AM
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