menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Principles of Managerial Finance
  4. Exam
    Exam 16: Current Liabilities Management
  5. Question
    A(n) ________ Effectively Raises the Interest Cost to the Borrower
Solved

A(n) ________ Effectively Raises the Interest Cost to the Borrower

Question 145

Question 145

Multiple Choice

A(n) ________ effectively raises the interest cost to the borrower on a line of credit.


A) operating-change restriction
B) annual cleanup
C) compensating balance
D) commitment fee

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q140: A floating inventory lien is most attractive

Q141: Lines of credit are non-guaranteed loans that

Q142: Factoring accounts receivable is relatively an inexpensive

Q143: Pledges of accounts receivable are normally made

Q144: The cost of giving up a cash

Q146: _ are liabilities for services received for

Q147: The prime rate of interest fluctuates with

Q148: In pledging accounts receivable, the percentage advanced

Q149: Because the bank guarantees the availability of

Q150: Lenders of secured short-term funds prefer collateral

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines