Question: Assume that Williams Corp is financed with a heavy reliance on short-term debt and short-term rates have increased. How do these facts impact the interest
Assume that Williams Corp is financed with a heavy reliance on short-term debt and short-term rates have increased.
How do these facts impact the interest expense, net income, and financial risk for Williams Corp?

Interest expense Net income Financial risk PEOP a. Decreases Decreases Decreases b. Increases Decreases Increase C. Decrease Increases Increases d. Increases Decreases Decreases
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