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  3. Study Set
    Contemporary Financial Management Study Set 2
  4. Exam
    Exam 19: Working Capital Policy and Short-Term Financing
  5. Question
    Which of the Following Factors Does Not Directly Affect the Firm's
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Which of the Following Factors Does Not Directly Affect the Firm's

Question 3

Question 3

Multiple Choice

Which of the following factors does not directly affect the firm's level of investment in working capital?


A) the firm's inventory and credit policies
B) the age of the firm's plant and equipment
C) the firm's sales level
D) the length of the firm's operating cycle

Correct Answer:

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