Halka company is a no-growth firm. its sales fluctuate seasonally, causing total assets to vary from $345,000 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?

$345,000

Explanation:

Since Halka Company uses a maturity matching approach, it must match its short term working capital with its short term debts, and its long term working capital with its long term debts. Halka's assets should be compensated with a corresponding debt instrument of similar maturity.

Since Halka's assets vary form $345,000 to $410,000, its long term debt plus equity should match at least $345,000.

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answer/// real gdp decreases to y3 and the price level falls to p3;