What is the primary advantage of a firm that is able to issue commercial paper to finance its

short-term assets?

A) Interest rates on commercial paper are generally lower than rates on bank loans.
B) Commercial paper is guaranteed by the Federal Government
C) Commercial paper provides greater flexibility in terms of repayment.
D) Commercial paper does not need to be repaid.


A

Business

You might also like to view...

Which HRM practice helps organizations achieve high performance?

A. work performed by individuals B. pay systems primarily rewarding loyalty to the company C. an organization discouraging continuous learning D. a performance management system measuring customer satisfaction and quality E. technology which increases costs

Business

In the stockholders' equity section of a classified balance sheet, a distinction is made between amounts invested by owners and amounts accumulated from business earnings

a. True b. False Indicate whether the statement is true or false

Business

MUS is based on which of following?

a. Attributes estimation sampling. b. Classical variables sampling. c. Population variability sampling. d. Expected error sampling.

Business

Explain the Ultramares approach to third-party negligence suits against accountants.

What will be an ideal response?

Business