Interest rates have stayed relatively low during the 2012-2015 time frame, so more and more companies have taken on long-term debt rather than short-term debt.

Name: Interest rates have stayed relatively low during the 2012-2015 time frame, so more and more companies have taken on long-term debt rather than short-term debt.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

This is true. Low interest rates encourage companies to take on more debt, particularly long-term debt, since they can lock in low rates for longer periods of time.

Interest Rates Have Stayed Relatively Low During the 2012-2015 Time