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add long term assest = 2589300 3. We have been looking at the management of our working capital and need some guidance on how we

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3. We have been looking at the management of our working capital and need some guidance on how we should finance the investment in our current and long-term assets. We have examined our receivables and inventory and have determined that these accounts, in total, can fluctuate from a low of $950,000 to a high of $1,300,000 during the year. We would also like to maintain about $60,000 in cash as a minimum balance. For the liabilities, our payables are usually 53% of the balance in current assets (permanent or seasonal). We would like you to explain the conservative, aggressive, and moderately conservative strategies using the specific information for our company and identify which strategy BFG appears to be using and its implications. (15 marks)

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