A firm with a flexible short-term financial policy will: Multiple Choice have tight restrictions on granting credit to customers. maintain a low balance in accounts receivables. have low cash balances. only have minimal amounts, if any, invested in marketable securities. invest heavily in inventory.

Question

Business

Alannah Robertson

3 January, 01:18

A firm with a flexible short-term financial policy will: Multiple Choice have tight restrictions on granting credit to customers. maintain a low balance in accounts receivables. have low cash balances. only have minimal amounts, if any, invested in marketable securities. invest heavily in inventory.

+2

Answers (1)

Know the Answer?

Beau Burns · Answer 1

invest heavily in inventory.

Explanation:

Invest a major part of the amount which it is holding on to buy and own goods in a large quantity to sell it in a short period of time.

Because as the firm is with a flexible short-term financial policy, that generally means it will maintain and to sell products and goods in a very very high quantity as well.