All of the following except which are uses of long-term financing?
A) beginning a new business
B) eliminating immediate cash-flow problems
C) executing mergers and expansions
D) developing and marketing new products
E) replacing obsolete equipment

Question

Quizplus · Accepted Answer

Long-term financing is not typically used to eliminate immediate cash-flow problems. It is more commonly used for larger, long-term investments such as beginning a new business, executing mergers and expansions, developing and marketing new products, and replacing obsolete equipment. Short-term financing is usually used to address immediate cash-flow issues.

All of the Following Except Which Are Uses of Long-Term