financing strategy takes advantage of short-term interest rates but also increases refinancing risk
-Following blank_______ financing strategy takes advantage of short-term interest rates but also increases refinancing risk. Following ______ financing strategy minimizes the risk of a liquidity crisis, but generally increases borrowing costs. Following _______ financing strategy results in the use of long-term funding for permanent assets and short-term financing for temporary or seasonal requirements.
a conservative; a matching; an aggressive
a matching; an aggressive; a conservative
a conservative; an aggressive; a matching
none of the above
-The sustainable growth model gives managers a kind of shorthand projection that ties together blank_____ and _____.
growth objectives; financial needs
external funds required; strategic plan
growth objectives; cash receipts
the cash budget; strategic plan
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