Fill This Form To Receive Instant Help
Fill This Form To Receive Instant Help
Homework answers / question archive / Generally, more use is made of short-term financing because: A
Generally, more use is made of short-term financing because:
A. short-term interest rates are generally lower than long-term interest rates.
B. most firms do not have basic access to the capital markets.
C. short-term financing is usually more predictable than long-term financing.
D. Both A and B.
Answer:D. Both A and B.
Most of the firms will prefer to use short-term sources of finances because:
