MCQOPTIONS
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| 1. |
In deciding the appropriate level of current assets for the firm, management is confronted with |
| A. | a trade-off between profitability and risk. |
| B. | a trade-off between liquidity and marketability. |
| C. | a trade-off between equity and debt. |
| D. | a trade-off between short-term versus long-term borrowing. |
| Answer» B. a trade-off between liquidity and marketability. | |