2. Current asset investment policies Aa 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 Moderate Relaxed Restricted Three Waters Co. keeps large cash and marketable securities balances and high inventory and receivables holdings Frasier Furnishings tries to hold optimal levels of current assets (including cash, marketable securities, accounts receivable, and inventory), such that it balances the potential costs of running through its assets with the cost of holding balances in those assets Tolbotics Inc. minimizes current assets (including cash, marketable securities, accounts receivable, and inventory) as much as possible