23. Under the "relaxed" or "fat cat" policy of working capital management, A. the firm holds very few "Current Assets" relative to Sales." B. the firm holds a lot of "Current Assets" relative to Sales." C. the firm likely has stringent requirements which customers must meet to purchase items on credit from the firm. D. inventory stock-outs are more likely. E. C and D. 24. "Cash" on a firm's balance sheet typically includes A. currency B. demand deposits (i.e., checking accounts). C. accruals for wages and taxes. D. A and B. 25 held by corporations typically earn no interest; therefore, firms try to the holdings in these accounts A. Marketable securities, minimize B. Marketable securities, maximize C. Demand deposits, minimize D. Demand deposits, maximize E. none of the above