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Generally speaking, which of the following situations will occurif a seasonal company adopts a comp

Generally speaking, which of the following situations will occurif a seasonal company adopts a comp

Generally speaking, which of the following situations will occurif a seasonal company adopts a compromise financial policy?I. periods where short-term financing is requiredII less long-term debt than if the firm followed a restrictivefinancial policyIII. periods of excess funds which can be invested in short-termmarketable securitiesIV. lower investment in fixed assets than if the firm adopted aflexible financial policyI onlyII onlyI and III onlyII and IV onlyI, III, and IV only