t.44

For each of the following, identify if the statement is describing either long-term (LT) debt, short-term (ST) debt, both (short neither (NOT s t-term debt AND NOT long-term debt). (6) of debt creates an obligation . This type of debt CANNOT cause a firm This type of debt is generally cheaper Long-term Short-term This type of debt has a higher chance Both LT and ST This type of debt takes longer to negoti Neither LT or ST . This type of debt offers greater flexibility tcy ESTION 44 each of the following, identity if the statement is describing either long-term (LT) debt shon teem (ST) debt, buth (shem AND neither (NOT short term debt AND NOT long-term debt) (6) This type of debt creates an obligation This type of debt CANNOT cause a fem to enter into bankruptcy This type of debt is generally cheaper This type of debt has a higher chance of rollover risk . This type of debt takes longer to negotiate This type of debt offers greater flexibility 98