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When compared to other companies in the industry, Conclan Inc. has high levels of inventory and accounts receivable relative to its sales level. What type

When compared to other companies in the industry, Conclan Inc. has high levels of inventory and accounts receivable relative to its sales level. What type of short-term financial policy is the firm engaging in?

Underfunded.

Restrictive.

Flexible.

Liquid.

Overfunded.

Note: The answer is not overfunded...

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