Which of the following types of financing offers the firm the greatest degree of flexibility?
A)Bonds
B)Preferred stock
C)Short-term lines of credit
D)Long-term notes payable

Question

Quizplus · Accepted Answer

Short-term lines of credit provide the greatest degree of flexibility as they can be borrowed and repaid as needed, and do not have a fixed repayment schedule or maturity date like bonds, preferred stock, or long-term notes payable.

Which of the Following Types of Financing Offers the Firm