Which of the following is not associated with short-term debt?
A)Easily available to most companies.
B)It is usually the lowest cost financing.
C)It is a flexible form of financing.
D)It is usually used to finance property, plant, equipment.

Question

Quizplus · Accepted Answer

Short-term debt is usually not used to finance property, plant, equipment. It is instead used to finance operating expenses, inventory, and accounts payable.

Which of the Following Is Not Associated with Short-Term Debt