Business
Business, 26.11.2019 01:31, jhit

Albrecht inc. is a no-growth firm whose sales fluctuate seasonally, causing total assets to vary from $320,000 to $410,000, but fixed assets remain constant at $260,000. if the firm follows a maturity matching (or moderate) working capital financing policy, what is the most likely total of long-term debt plus equity capital?

a. $274,360
b. $260,642
c. $304,000
d. $320,000
e. $288,800

answer
Answers: 3

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