What Is One of the Advantages of Short-Term Debt Financing

question 75

Multiple Choice

What is one of the advantages of short-term debt financing.

• A)Firms can obtain short-term credit more quickly than long-term credit.
• B)Firms can obtain long-term more quickly than short-term credit.
• C)Firms can obtain short-term credit to pay preferred dividends in the short-run.
• D)Firms can obtain short-term credit to from accounts receivable in the short-run at cheaper rates.

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