Although Short-Term Interest Rates Have Historically Averaged Less Than Long-Term

question 130

True/False

Although short-term interest rates have historically averaged less than long-term rates, the heavy use of short-term debt is considered to be an aggressive current operating asset financing strategy because of the inherent risks of using short-term financing.

---

Definitions:

Polysaccharides

Large, complex carbohydrate molecules composed of many monosaccharide units joined together.

Monosaccharides

Simple sugars that are the most basic form of carbohydrates, such as glucose and fructose, which cannot be hydrolyzed into simpler sugars.

Glucose

An elementary form of sugar critical for energy in living organisms, also making up parts of numerous carbs.

Cholesterol

A waxy, fat-like substance present in all cells of the body, needed to make vitamin D, hormones, and substances that help digest foods.