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Lawrence Inc., a retail company, is currently assessing alternative financing options associated with the acquisition...

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Question

Accounting

Lawrence Inc., a retail company, is currently assessing alternative financing options associated with the acquisition of merchandise inventory. Which of the following would be most desirable for this financing decision?

Group of answer choices

Financing long-term needs with short-term funds.

Financing seasonal needs with short-term funds.

Financing a permanent build-up of inventory with long-term debt.

Financing short-term needs with long-term funds.

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