Albrecht Inc. is a no-growth firm whose sales fluctuate seasonally, causing total assets to vary from $320,000 to $410,000, but fixed assets remain constant at $260,000. If the firm follows a maturity matching (or moderate) working capital financing policy, what is the most likely total of long-term debt plus equity capital

$320,000

Explanation:

We are been given the following values in the question

Lower total asset range = $320,000 Upper total asset range = $410,000

Now for us to get the total long term debt plus equity capital

We use the following method.

Minimum total assets = FA + Min. CA

=$320,000

= LT Debt + Equity

A maturity matching policy means that when fixed assets and permanent current assets are been financed or sponsored by long-term financing

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always drive on the right side of the road.

white lines separate lanes of traffic traveling the same direction.

hashed or broken lines means you may change lanes when it is safe.

solid white lines mean stay in your lane.

yellow lines separate traffic moving in opposing directions.

hashed or broken yellow lines mean you can carefully pass, paying attention to oncoming traffic.

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be particularly careful about driving in cities with bike lanes -- always check before turning that a bike is not coming.

it is mandatory to pull over or stop at an intersection to allow an emergency vehicle to pass you if you see one traveling with lights flashing and/or a siren running.

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explanation:

answer: technology

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