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List the following items in order of their importance as factors in the outbreak of war between the United States and Mexico: the failure of the Slidell diplomatic mission to Mexico, the positioning of General Taylor's troops on the Rio Grande, unresolved debt claims of American citizens, Manifest Destiny, and President Polk's quest for California. Justify your ranking and explain how each item contributed to the outbreak of war.
Flexible Short-term Policy
A financial strategy that allows for maintaining a higher level of current assets, providing a buffer against unforeseen liabilities or expenses.
Restrictive Short-term Policy
A financial policy aimed at minimizing the amount of working capital to reduce short-term financing costs, often at the risk of running low on liquidity.
Current Assets
Assets that are expected to be converted into cash, sold, or consumed within one year or within the normal operating cycle of the business, whichever is longer.
Cash Flow Time Line
A visual representation that maps out all cash inflows and outflows of a project or investment over time.
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