Working capital policy involves a trade off between easier, Financial Management

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Working capital policy involves a trade off between easier

1. Working capital policy involves a trade off between easier operation and ____.

a. more working capital

b. spontaneous liabilities

c. temporary financing

d. the cost of carrying short-term assets

2. The direct quote for British pounds is $1.50. If you tried to convert $3,000 into pounds, how many pounds would you obtain?

a. 3500 pounds

b. 1500 pounds

c. 2000 pounds

d. 2500 pounds

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