1 Short-term inancial polies that are tlexible with regard to current assets include such actions as: telect here 2 Short-term financial policies that are restrictive with regard to current assets include such actions as: relect here 3 current asset holdings are highest with short-term tinancial policy and lowest with a -P policy 4 The optimal short-term financial policy: 5 The costs incurred because firm's ive tmant in currant ats is low are -costs 6 For U.S. manufacturing, mining. and trade corporations, current assets are Forantiy about currently about percent of total asset here