1.

Financing a long-lived asset with short-term financing would be a) an example of "moderate risk -- moderate (potential) profitability" asset financing. b) an example of "low risk -- low (potential) profitability" asset financing. c) an example of "high risk -- high (potential) profitability" asset financing. d) an example of the "hedging approach" to financing

Answer»

c) an example of "high risk -- high (potential) profitability" asset financing. 



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