Evergreen Gardening Ltd. is in a highly seasonal business, and the following summary balance sheet data show its assets and liabilities at peak and off-peak seasons (in thousands of dollars).

	Peak	Off-peak
Cash	$ 75	$ 45
Marketable securities	0	30
Accounts receivable	60	30
Inventories	150	75
Net fixed assets	750	750
Total assets	$1,035	$930
Spontaneous liabilities	$45	$ 15
Short-term bank debt	5	2
Long-term debt	520	448
Common equity	465	465
Total claims	$1,035	$930

What type of working capital policy does Evergreen Gardening likely follow? Briefly explain. No calculations needed