According to the conversative current asset financing policy: a- some of the fix

Question

According to the conversative current asset financing policy:

a- some of the fixed assets, all of the permanent current assets, and all of the temporary current assets of a firm are financed with long-term capital.

b- some of the fixed assets, some of the permanent current assets, and all of the temporary current assets of a firm are financed with long term capital.

c- all of the fixed assets, all of the permanent current assets, and some of the temporary current assets of a firm are financed with long term capital

d- all of the fixed assets, some of the permanent current assets, and all of the temporary current assets of a firm are financed with long term capital.

e- all of the fixed assets, some of the permanent currents assets, and some of the temporary current assets of a firm are financed with long term capital.

Explanation / Answer

Solution :

According to the conversative current asset financing policy, all of the fixed assets, all of the permanent current assets, and some of the temporary current assets of a firm are financed with long term capital.

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