Question 13 4 points Which of the following statements is CORRECT? O a. One cannot tell if a firm has a conservative, aggressive, or moderate current asset financing policy without an examination of its cash budget b. Accruals are an expensive but commonly used way to finance working capital. Oc. A conservative financing policy is one where the firm finances part of its fixed assets with short-term capital and all of its net working capital with short-term funds. Od. If a company receives trade credit under terms of 2/10, net 30, this implies that the company has 10 days of free trade credit. e. If a firm has a relatively aggressive current asset financing policy vis-a-vis other firms in its industry, then its current ratio will probably be relatively high