If the yield curve is upward sloping, then short-term debt will be cheaper than long-term debt. Thus, if a firm's CFO expects the yield curve to continue to have an upward slope, this would tend to cause the current ratio to be relatively low, other things held constant
a. True
b. FalseIndicate whether the statement is true or false
True
Business
You might also like to view...
When a pest control company discovers no evidence of infestation of termites, but discovers conditions that may lead to infestation, the cost of correct in the condition is generally paid by:
a. The seller. b. The buyer. c. It is split between the buyer and the seller. d. The lender to protect their security interest in the property.
Business
There are many reasons why people buy life insurance. Of these
A) the best reason is the protection provided your beneficiaries. B) the best reason is the forced savings generated by term life insurance. C) the best reason is the interest return on ordinary life. D) none have proven important for most families.
Business