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Which of the following actions are indicative of a restrictive short-term financial policy? 1. large investment in marketable securities II. minimal credit sales Ill. small

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Which of the following actions are indicative of a restrictive short-term financial policy? 1. large investment in marketable securities II. minimal credit sales Ill. small investment in inventory IV. high level of accounts receivable Select one: O a. I, III, and IV only O b. I and II only O c. ll and lv only O d. I and Ill only O e. ll and Ill only

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