The use of short-term debt provides flexibility in financing since the firm is only paying interest when it is actually using the borrowed funds.

Name: The use of short-term debt provides flexibility in financing since the firm is only paying interest when it is actually using the borrowed funds.
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Short-term debt allows the firm to borrow funds as needed and only pay interest on the amount borrowed during the time it is being used, providing flexibility in financing.

The Use of Short-Term Debt Provides Flexibility in Financing Since