What are the advantages of matching the maturities of assets and liabilities? What are the disadvantages?

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What are the advantages of matching the maturities of assets and liabilities? What are the disadvantages?

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The matching approach for meeting the financing needs of the company states that fluctuating assets should be financed by the short term sources of financing while the long term i.e. fixed assets of the business should be financed by the long term sources of financing. The firm can maintain an optimum balance between the liquidity and profitability by matching the maturity of the assets with the maturity of the liabilities. However there is some difficulty in implementing this approach. It is not always possible to finance the short term assets with short term financing or long term assets with long term financing. The bank may not be willing to lend to the company or the debtors may not pay the receivables on time.

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