Is this an illustration of a flexible policy or a


You have a large amount of spontaneous short-term financing, mostly in your trade payables and various wage payables. Most of these are paid monthly. You do not utilize non-spontaneous sources of short-term financing, having been burned once in the past when you had a loan renewal denied by your banker. Is this an illustration of a Flexible policy or a Restrictive policy in terms of short-term liabilities?

Request for Solution File

Ask an Expert for Answer!!
Financial Management: Is this an illustration of a flexible policy or a
Reference No:- TGS02735409

Expected delivery within 24 Hours