Posted: 22 Jun 2010 at 16:53 | IP Logged
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Becker and Wiley have the same questions but different choice of answers and they both picked different answer (see the underlined)
Q: When a firm finances each asset with a financial instrument of the same approximate maturity as the life of the asset, it is applying:
Becker Choice of answers:
A Working capital
B Return Maximization
C Financial Leverage
D Operating leverage
Wiley Choice of answers
A Working Capital
B Return Maximization
C Financial Leverage
D Hedging approach
Does anyone know what is the best choice of answer ?
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