Which statement is correct?
A) Long-term liabilities should be used to finance long-term assets.
B) Short-term assets should be financed by long-term liabilities.
C) Short-term liabilities should be used to finance long-term assets.
D) None of the above
Correct Answer:
Verified
Q26: A disadvantage of short-term debt over long-term
Q27: Ordinary shareholders:
A) are entitled to discounts on
Q28: A form of debt finance where large
Q29: The offer of new shares to existing
Q30: The use of debt finance by a
Q30: Which of these is an advantage of
Q33: An advantage of financing operations with debt
Q34: A long-term form of finance that is
Q35: The minimum share value a company must
Q36: Which of these is a disadvantage of
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