Risk to the Firm of Borrowing Using Short-Term Credit Is

question 56

True/False

risk to the firm of borrowing using short-term credit is usually greater than if it used long-term debt Added risk stems from (1) the greater variability of interest costs on short-term than long-term debt and (2) the fact that even if its long-term prospects are good, the firm's lenders may not be willing to renew short-term loans if the firm is temporarily unable to repay those loans.

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Definitions:

Transphobia

The fear, hatred, disbelief, or mistrust of people who are transgender, nonbinary, or don't conform to traditional gender norms.

Heteronormativity

A concept that describes the societal norm that assumes heterosexuality as the default or normal sexual orientation, often marginalizing non-heterosexual relationships and identities.

Heterosexuality

A romantic or sexual inclination towards people of a different sex.

Pansexuality

A sexual orientation characterized by the potential for attraction to individuals regardless of their gender or gender identity.