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Commerce · Q539

Business Finance

Graduate and Post Graduate · Commerce · question 539

Q539

Our firm has a philosophy that is analogous to hedging (maturity matching) approach. Which of the following is the most appropriate non-spontaneous form for financing the excess seasonal current asset needs?

A.
Trade credit
B.
Currency notes
Answer
C.
Accounts payable
D.
Common stock equity

Answer: Option B

Solution

Answer: Option B
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