5 3, 4 & 15 - Test 3- Requires Respondus LockDown Browser ):00 Time Left:0:28:23 Ralph King: Attempt 1 OD) preferred stock 30 Question 37 (0.12 points) Saved 33 Liquidity is A) Current assets minus current liability 36 B) Selling fixed assets . C) Converting current assets into cash 39 D) Increasing short term liabilities 42 Question 38 (0.12 points) Saved What may be an advantage of borrowing long-term rather than short-term? 45 .A) a lower interest rate B) a higher interest rate 48 C) securing borrowed funds before the company's business activity declines D) lower liquidity Question 39 (0.12 points) Saved Which firm below would you expect to be more capital intensive? A) Price Waterhouse CPA firm VO New Hire Tre