Question: Companies use short - term notes for all except?Small firms with low credit ratings cannot obtain long - term financingCan fill a temporary gap when
Companies use shortterm notes for all except?Small firms with low credit ratings cannot obtain longterm financingCan fill a temporary gap when cash flows from operations are insufficient to meet current liquidity needsShortterm debt usually carries a higher interest rate than longterm notesShortterm notes match well with the firms operating cycle
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