CFA｜

问题如下：

XY1 Corporation’s CFO has decided to pursue a moderate approach to funding the firm’s working capital. Which of the following methods would best fit that particular approach?

选项：

A.Finance permanent and variable current assets with long-term financing.

B.Finance permanent and variable current assets with short-term financing.

C.Finance permanent current assets with long-term financing and variable current assets with short-term financing.

解释：

Correct Answer: C

C is correct. In a moderate approach, XY1 would attempt to match the duration of the assets with the liabilities. This would allow the company to use long-term financing for permanent working capital needs while at the same time looking to minimize interest expense through the use of more flexible short-term financing on an as-needed basis.