Under normal circumstances, why would it not be advisable to use short-term bank borrowings to fund capital

Question:

Under normal circumstances, why would it not be advisable to use short-term bank borrowings to fund capital expenditure?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Financial Management Principles And Applications

ISBN: 9781292222189

13th Global Edition

Authors: Sheridan Titman, Arthur Keown, John Martin

Question Posted: