Which of the following statements is correct? a. a conservative financing policy is one where the firm finances part of its fixed assets with short-term capital and all of its net working capital with short-term funds. b. if a company receives trade credit under terms of 2/10 net 30, this implies that the company has 10 days of free trade credit. c. one cannot tell if a firm has a conservative, aggressive, or moderate current asset financing policy without an examination of its cash budget. d. if a firm has a relatively aggressive current asset financing policy vis-à-vis other firms in its industry, then its current ratio will probably be relatively high. e. accruals are an expensive but commonly used way to finance working capital.