Generally speaking, short-term debt is riskier than long-term debt, but It also has some advantages. In the following table, Identify which type of funding (short-term debt or long-term debt) is being described In each case. Suppose you are running a firm that needs to raise capital today and you are choosing between short-term and long-tem debt. The firm does not currently have a strong enough cash flow to fund new operations internally, but you expect that this situation will soon change and the firm's need for external funds will diminish. Which funding source is likely best for your firm? Short-term debt Long-term debt