Please answer questions on both pictures, thanks!

Assignment 15- Working Capital Management Due on Nov 27 at 11 PM EST On the surface, it seems that a firm would want to hold high levels of current assets to ensure its liquidity and its ability to meet all of its short-term obligations. However, current assets are not very productive and generate very low returns when held. Therefore, a firm must strike a balance and hold those types and quantity of current assets that work best for it. In the following table, identify which current asset investment policy is most likely to work best for each firm. Current Asset Investment Policy Relaxed Moderate Restricted Spendthrifts Industries is a mature firm that has reliable funding sources and strong, stable cash flows. It places a higher value on avoiding current asset shortages than it does on minimizing the cost of holding current assets. Monumental Pictures Inc. uses a current asset investment policy that gives a balanced cash conversion cycle between extremely long and extremely short. Gadgetmakers Inc. is a relatively young technology firm that is slightly past the startup stage but still faces significant capital constraints that do not allow any overinvestment in current assets. Consequently, the firm must be careful about how it invests its funds. 0 Type here to search Assignment 15- Working Capital Management Due on Nov 27 at 11 PM EST On the surface, it seems that a firm would want to hold high levels of current assets to ensure its liquidity and its ability to meet all of its short-term obligations. However, current assets are not very productive and generate very low returns when held. Therefore, a firm must strike a balance and hold those types and quantity of current assets that work best for it. In the following table, identify which current asset investment policy is most likely to work best for each firm. Current Asset Investment Policy Relaxed Moderate Restricted Spendthrifts Industries is a mature firm that has reliable funding sources and strong, stable cash flows. It places a higher value on avoiding current asset shortages than it does on minimizing the cost of holding current assets. Monumental Pictures Inc. uses a current asset investment policy that gives a balanced cash conversion cycle between extremely long and extremely short. Gadgetmakers Inc. is a relatively young technology firm that is slightly past the startup stage but still faces significant capital constraints that do not allow any overinvestment in current assets. Consequently, the firm must be careful about how it invests its funds. 0 Type here to search