A restrictive short-term financial policy, as compared to a…
A restrictive short-term financial policy, as compared to a more flexible policy, tends to:I. cause a firm to lose sales due to a lack of inventory on hand.II. increase the sales of a firm due to the firm’s credit availability and terms.III. increase the probability that a firm will face a cash-out situation.IV. increase the ability of a firm to charge premium prices.
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