A firm that adopts a flexible short-term financial policy is more apt to have:
A)lower carrying costs than shortage costs.
B)lower shortage costs than carrying costs.
C)stricter limits on credit sales than the average firm.
D)a relatively low level of current assets.
E)greater short-term financing needs than if the firm adopted a restrictive policy.

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The Answer of A firm that adopts a flexible short-term financial policy is more apt to have:
A)lower carrying costs than shortage costs.
B)lower shortage costs than carrying costs.
C)stricter limits on credit sales than the average firm.
D)a relatively low level of current assets.
E)greater short-term financing needs than if the firm adopted a restrictive policy.

A Firm That Adopts a Flexible Short-Term Financial Policy Is