2. Current asset investment policies a Aa On the surface, it seems that a firm would want to hold high levels of current assets to ensure its liquidity and its ability to meet all of its short-term obligations. However, current assets are not very productive and generate very low returns when held. Therefore, a firm must strike a balance and hold those types and quantity of current assets that work best for it. In the following table, identify which current asset investment policy is most likely to work best for each firm. Current Asset Investment Policy Relaxed Restricted Spendthrifts Industries keeps large cash and marketable securities balances and high inventory and receivables holdings. St. McStanky Beer Co, uses a current osset investment policy that gives a balanced cash conversion cycle between extremely long and extremely Tullbotics Inc. uses a current asset investment policy that is intended to provide the highest expected return on investment. This policy's problem is that it also has the greatest risk