A Halifax Firm Has an Interval Measure of 83

question 397

Multiple Choice

A Halifax firm has an interval measure of 83. This means that the firm must:

• A) Pay its creditors within the next 83 days or go bankrupt.
• B) Get additional financing within the next 83 days or possibly face closing the firm.
• C) Sell all of its common stock in the next 83 days or become privately owned.
• D) Pay a dividend to its shareholders every 83 days.
• E) Pay interest on its debt every 83 days.