Disadvantages of using current liabilities as opposed to long-term debt include: - 3326

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

A.   certainty of interest costs B.   greater risk of illiquidity, and uncertainty of interest costs C.   decreased risk of liquidity D.   uncertainty of future liabilities E.   higher cash flow exposure 

 
Solution Description

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