The maturity matching approach to current asset financing uses long-term funds to finance all permanent asset requirements.
Answer the following statement true (T) or false (F)
False
The maturity matching approach to current asset financing calls for matching the maturities of a firm's assets and liabilities. The conservative approach to current asset financing is used to finance all permanent asset requirements (both fixed assets and permanent current assets) and also to meet some or all of the seasonal, temporary demands. See 14-3: Current Asset (Working Capital) Financing Policies
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Under IFRS, deferred tax assets:
A. are not recognized. B. are recognized only to the extent it is deemed probable that they will be realized. C. are reported as current or noncurrent based on the expected date of the reversal of the temporary difference. D. require a valuation allowance if it's more likely than not that the deferred tax asset will not be realized.
Which one of the following is highest in search qualities?
A) a play at a theater B) a meal at a restaurant C) a haircut D) psychotherapy E) a computer
A retained earnings statement explains the change in the amount of retained earnings during the year
Indicate whether the statement is true or false
Two brothers Sam and Jim were fighting over the division of their ancestral property
After ten years of legal battle, a frustrated Sam contacted a powerful politician who subjected Jim to extreme duress to make him sign a contract of assent in favor of Sam. When Jim takes this contract to court, the contract will be declared ________. A) enforceable B) conditionally enforceable C) voidable D) unenforceable