Disadvantages of using current liabilities as opposed to long-term debt include: - 11289

Solution Posted by
Solution Detail
Price: $1.25
  • From: ,
  • Posted on: Thu 21 Jun, 2012
  • Request id: None
  • Purchased: 0 time(s)
  • Average Rating: No rating
Request Description

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:

A. &