Which of the following statements is most correct?

A For small companies, long-term debt is the principal source of external financing
B The current assets of the typical manufacturing firm account for over half of its total assets
C Strict adherence to the maturity matching approach to financing would call for all current assets to be financed solely with current liabilities
D Similar to capital structure management, working capital management requires the financial manager to make a decision and not address the issue again for several months

Correct Answer: The current assets of the typical manufacturing firm account for over half of its total assets

Bissoy MCQ
#Commerce #Business Finance

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