The aggressive approach to the financing of a firm's current assets uses a ____ proportion of short-term debt and a ____ proportion of long-term debt.

A) low, high
B) relatively high, relatively low
C) high interest, low interest
D) None of the above

Financing Current Assets

The process of obtaining funds to cover short-term operational needs such as inventory, accounts receivable, and day-to-day expenses.

Short-Term Debt

Borrowings and obligations payable within one year, often used to meet immediate financing needs or manage cash flow efficiently.

Long-Term Debt

Borrowings and financial obligations that are due for repayment in more than one year, indicating a company's leverage.