Question
Your company has a policy to use long-term debt to finance inventory and receivables. This is a restrictive short-term financing policy? This policy has higher
Your company has a policy to use long-term debt to finance inventory and receivables.
| This is a restrictive short-term financing policy? | ||
| This policy has higher carrying cost | ||
| This policy has higher shortage cost | ||
| This policy leads to higher default risk |
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Multinational Financial Management
Authors: Shapiro A.C.
9th International Edition
8126536934, 9788126536931
