Question: From this data, we may conclude that Ski Lifts has a working capital financing policy of exactly matching asset and liability maturities. Ski Lifts' working
From this data, we may conclude that Ski Lifts has a working capital financing policy of exactly matching asset and liability maturities. Ski Lifts' working capital financing policy is relatively aggressive, that is the company finances some of its permanent assets with short-term discretionary debt. Ski Lifts follows a relatively conservative approach to working capital financing; that is, some of its short-term needs are met by permanent capital. Without income statement data, we cannot determine the aggressiveness or conservatism of the company's working capital policy. Both a and c are correct
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