Disadvantages of using current liabilities as opposed to long-term debt include:
A. certainty of interest costs B. greater risk of illiquidity, and uncertainty of interest costs C. decreased risk of liquidity D. uncertainty of future liabilities E. higher cash flow exposure
A. certainty of interest costs B. greater risk of illiquidity, and uncertainty of interest costs C. decreased risk of liquidity D. uncertainty of future liabilities E. higher cash flow exposure
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