With a Flexible Policy with Regard to Short Term Financing,over

Multiple Choice

With a flexible policy with regard to short term financing,over a year a firm will have:

A) some short-term borrowing.
B) some funds to invest in marketable equity securities.
C) full coverage of permanent current assets.
D) Both some short-term borrowing and some funds to invest in marketable equity securities are correct.
E) some short-term borrowing; some funds to invest in marketable equity securities; and full coverage of permanent current assets are correct.