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a fintech startup has $5 million in cash reserves and minimal physical …

Question

a fintech startup has $5 million in cash reserves and minimal physical assets. the startup can quickly respond to market opportunities but hasnt invested in substantial long - term infrastructure. this indicates that the company

Explanation:

Brief Explanations
  • Cash reserves help meet short - term obligations.
  • Minimal physical assets and lack of long - term infrastructure investment limit long - term project investment.
  • Profitability isn't directly indicated as decreasing (could be agile and profitable in short - term).
  • Having cash reserves and responding to market opportunities shows some financial planning.

Answer:

  • can meet its short - term obligations.
  • is limited in its ability to invest in long - term projects.