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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?

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Financial Management, Finance

Category:- Financial Management
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