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Which of the Following Statements About IBM's Use of Debt

Question 52

Multiple Choice

Which of the following statements about IBM's use of debt during the 2001 to 2003 period is true?


A) IBM had maxed out its use of credit lines during this period and had no unused credit lines left.
B) IBM began using more short-term debt and less long-term debt.
C) IBM began using more long-term debt and less short-term debt.
D) Both A and B are true statements.

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