Working Capital Policy Involves Day-To-Day Decisions That Determine All of the Following

Multiple Choice

Working capital policy involves day-to-day decisions that determine all of the following EXCEPT:

A) firm's level of long­term assets.
B) proportions of short-term and long-term debt used to finance assets.
C) level of each type of current asset.
D) specific sourcers and mix of short-term liabilities the firm should employ.