Interest Rates Have Stayed Relatively Low During the 2012-2015 Time

question 72

True/False

Interest rates have stayed relatively low during the 2012-2015 time frame, so more and more companies have taken on long-term debt rather than short-term debt.

---

Definitions:

Contingent Activities

Contingent activities are actions or events that may occur but their happening is dependent upon certain conditions or situations being met.

Financing Activities

Financing activities are transactions involving obtaining or repaying capital, including issuing equity, borrowing loans, and paying dividends.

Investing Activities

Financial transactions that relate to the acquisition or sale of assets, investments, and other long-term items that are not part of the company's primary operations.

Amortization

The process of gradually reducing the cost of an intangible asset through scheduled charges to expense over its useful life.