Which of the Following Statements About IBM's Use of Debt

question 39

Multiple Choice

Which of the following statements about IBM's use of debt during the 2001 to 2003 period is true?

• A)IBM had maxed out its use of credit lines during this period and had no unused credit lines left.
• B)IBM began using more short-term debt and less long-term debt.
• C)IBM began using more long-term debt and less short-term debt.
• D)Both A and B are true statements.

---

Definitions:

Normative Needs

Needs that are considered standard or expected within a given cultural or societal context.

Deprivation

The state of lacking or being denied important physical, social, or emotional resources, which can significantly impact well-being and development.

Resource

A reserve of money, materials, staff, and other assets that can be drawn on by a person or organization to function effectively.

Intervention Change Strategy

A plan or series of actions designed to alter conditions, behaviors, or perceptions in order to achieve a specific goal.