Your firm has a philosophy that is analogous to the hedging (maturity matching) approach.
Which of the following is the most appropriate non-spontaneous form for financing the
excess seasonal current asset needs?
A. Trade credit.
B. 6-month bank notes.
C. Accounts payable.
D. Common stock equity.
Which of the following is the most appropriate non-spontaneous form for financing the
excess seasonal current asset needs?
A. Trade credit.
B. 6-month bank notes.
C. Accounts payable.
D. Common stock equity.