QUESTION 21

term loan is a loan arranged between a borrower and multiple banks.

True

False

3 points

QUESTION 22

U.S public debt offerings fixed rates have coupon rates that remains constant?

True

False

3 points

QUESTION 23

In an aggressive financing strategy the company makes sure it has enough long-term financing to cover its permanent and seasonal investments in current assets.

True

False

3 points

QUESTION 24

Most firms define and measure growth targets in terms of _______?

Sales

COGS

Interest

EBIT

3 points

QUESTION 25

bottom-up approach of sales forecasts rely heavily on macroeconomic and industries forecasts.

True

False