Only the firm's permanent financing requirement (and not the seasonal requirement) is financed with ________ in the aggressive financing strategy.
A) long-term sources
B) short-term sources
C) retained earnings
D) accounts payable

Question

Quizplus · Accepted Answer

In an aggressive financing strategy, only the permanent financing requirement is covered by long-term sources, while the seasonal requirement is typically financed with short-term sources.

Only the Firm's Permanent Financing Requirement (And Not the Seasonal