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