Multiple Choice
Borrowers (e.g., business firms) feel that there is more risk associated with short-term debt (as compared with long- term debt) because of the
A) uncertainty arising from interest rate fluctuations
B) risk of being unable to refund the debt
C) relatively high cost of short-term debt
D) a and b
Correct Answer:
Verified
Correct Answer:
Verified
Q10: Fluctuating current assets are those assets that
Q50: When factoring accounts receivables, the "factor" is
Q52: If Swatch's inventory conversion period is 45
Q54: What is financial forecasting?
Q55: Which of the following assets (if any)
Q56: Great Skot expects to have cash receipts
Q59: Barnes Company has highly seasonal sales and
Q60: The aggressive approach to the financing of
Q61: When pledging accounts receivables, which of the
Q77: Net working capital is defined as _.<br>A)