Long-term debt and equity financing

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Likely level of long-term debt and equity financing.

Miletkov Company's total assets fluctuate between $320,000 and $410,000, while its fixed assets remain constant at $260,000.  If the firm follows a maturity matching, or moderate, working capital financing policy, what is the likely level of its long-term debt and equity financing?

a)$260,642
b)$274,360
c)$288,800
d)$304,000
e)$320,000

Reference no: EM1311063

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