Generally, more use is made of short-term financing because
A) short-term interest rates are generally lower than long-term interest rates.
B) most firms do not have easy access to the capital markets.
C) short-term financing is usually more predictable than long-term financing.
D) two of the answers are correct.
Correct Answer:
Verified
Q13: Level production methods smooth production schedules and
Q39: The successful financial manager is very interested
Q45: Short-term interest rates have historically been more
Q62: The term structure of interest rates
A) is
Q64: Ideally, which of the following types of
Q65: One advantage of level production is that
A)
Q66: When actual sales are greater than forecasted
Q110: The cash conversion cycle is the time
Q113: Risk exposure due to heavy short-term borrowing
Q119: It is not necessary to understand interest
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents