What type of approach does konko appear to finance

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Problem 1: Konko Inc.'s financial statements show relatively high amounts of long-term debt. Additionally, at certain points in the year, it invests excess cash in short-term investments but never has any short-term debt outstanding. What type of approach does Konko appear to be following to finance its investment in net working capital? Explain why you chose that answer.

a) A spontaneous approach
b) An aggressive approach
c) A moderately conservative approach
d) A conservative approach

Reference no: EM132901199

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