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Question
Wildthing Amusements Company's total assets fluctuate between $320,000 and $410,000, while its fixed assets remain constant at $260,000. If the firm follows a maturity matching or moderate working capital financing policy, what is the likely level of its long-term financing?
a. $90,000
b. $260,000
c. $350,000
d. $410,000
e. $320,000
Answer
This answer is hidden. It contains 1 characters.
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