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    Exam 15: The Management of Working Capital
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    What Is a Danger in Using Only Short Term Borrowing
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What Is a Danger in Using Only Short Term Borrowing

Question 21

Question 21

Multiple Choice

What is a danger in using only short term borrowing?


A) Higher rates than long term borrowing
B) Lower fee per loan
C) Cost of borrowing can increase
D) Less flexibility

Correct Answer:

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