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please answer to this question and discuss In our previous class, we determined that the working capital management..........policy................of a company refers to the level of

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In our previous class, we determined that the working capital management..........policy................of a company refers to the level of investment in its current assets for attaining targeted sales. According to our lesson, this investment strategy could be of three types: restricted policy, relaxed policy, and moderate policy. The relaxed policy has higher and restricted has lower levels of current assets investment, whereas moderate places itself between relaxed and restricted. Commonly, these policies are also referred to as aggressive, conservative and hedging policies. As a manager or an investment analyst, which of the policies would you recommend for a firm or company that you represent? Discuss your choice of policy

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