off peak 3. Joe's Construction Ltd. is in a highly seasonal business, and the following summary balance sheet data show its assets and liabilities at peak and off peak seasons (in thousands of dollars). (4 Marks) Peak Cash $50 Marketable securities Accounts receivable Inventories Net fixed assets Total assets $690 $620 50 500 $ 30 $ 10 Spontaneous liabilities Short-term bank debt Long-term debt Common equity Total claims 50 300 310 $690 300 310 $620 What type of working capital policy does Joe's Construction likely follow? Briefly explain. Droon De 9W Ae