An advantage of short-term borrowing is the need for frequent renewals.
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Q13: The prime rate is the interest rate
Q14: Firms using maturity matching will have current
Q15: A line of credit is also often
Q16: The conservative financing approach is a strategy
Q17: Permanent current assets reflect the minimum investment
Q19: The maturity matching approach is a financing
Q20: Service industries tend to have larger proportions
Q21: For compensating balance loans, to receive the
Q22: Trade credit may be considered the least
Q23: In general, most businesses should take advantage
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