Multiple Choice
Which of the following are the three reasons that firms need short-term financing?
A) seasonalities, permanent working capital, and positive cash flow shocks
B) seasonalities, funding risk, and permanent working capital
C) negative cash flow shocks, positive cash flow shocks, and seasonalities
D) permanent working capital, negative cash flow shocks, and funding risk
Correct Answer:

Verified
Correct Answer:
Verified
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