Disadvantages of using current liabilities as opposed to long-term debt include: - 3186

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 Disadvantages of using current liabilities as opposed to long-term debt include:

A.   higher cash flow exposure B.   greater risk of illiquidity, and uncertainty of interest costs

C.   decreased risk of liquidity D.   certainty of interest costs E.   uncertainty of future liabilities 

 
Solution Description

Disadvantages of using current liabilities as opposed to long-term debt include: