Which of the following statements is most correct?
A) Trade credit is provided to a business only when purchases are made.
B) Commercial paper is a form of short-term financing that is primarily used by large, financially stable companies.
C) Short-term debt, while often cheaper than long-term debt, exposes a firm to the potential problems associated with rolling over loans.
D) Statements b and c are correct.
E) All of the statements above are correct.

Question

Quizplus · Accepted Answer

The Answer of Which of the following statements is most correct?
A) Trade credit is provided to a business only when purchases are made.
B) Commercial paper is a form of short-term financing that is primarily used by large, financially stable companies.
C) Short-term debt, while often cheaper than long-term debt, exposes a firm to the potential problems associated with rolling over loans.
D) Statements b and c are correct.
E) All of the statements above are correct.

Which of the Following Statements Is Most Correct