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16 April, 03:59

Which one of the following is a working capital decision?-How should the firm raise additional capital to fund its expansion?-What debt-equity ratio is best suited to the firm?-What is the cost of debt financing?-Should the firm borrow money for five or for ten years?-How much cash should the firm keep in reserve?

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  1. 16 April, 05:35
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    How much cash should the firm keep in reserve is a working capital decision.

    Explanation:

    Working capital is the capital available for day to day running of a company. The amount of cash that a firm keeps in reserve is a working capital decision. The cash is used to finance the daily operation of the company.
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