Question: Accruals are considered fixed - rate debt, because a fixed rate of interest is paid on them. adjustable - rate debt, because a varying rate
Accruals are considered
fixedrate debt, because a fixed rate of interest is paid on them.
adjustablerate debt, because a varying rate of interest is paid on them.
expensive debt, because high rates of interest are paid on them.
free debt, because no interest is paid on them.
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
