Rising Interest-Rate Risk

question 128

Multiple Choice

Rising interest-rate risk

• A)increased the cost of financial innovation.
• B)increased the demand for financial innovation.
• C)reduced the cost of financial innovation.
• D)reduced the demand for financial innovation.

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Definitions:

Reimburse

To pay back or compensate for money that has been spent or lost.

Days' Sales Uncollected

A fiscal indicator quantifying the mean span of days required for a business to receive payment post a sale transaction.

Net Credit Sales

Net Credit Sales refer to the total value of sales made on credit during a specific period, minus returns and allowances.

Accounts Receivable

The money owed to a company by its customers for goods or services that have been delivered but not yet paid for.