Question: QUESTION 1 9 A flexible short - term financial policy: maximizes cashouts. increases shortage costs due to frequent cash - outs. tends to decrease sales
QUESTION
A flexible shortterm financial policy:
maximizes cashouts.
increases shortage costs due to frequent cashouts.
tends to decrease sales as compared to a restrictive policy.
incurs more carrying costs than a restrictive policy.
requires only a minimum investment in current assets.
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