question archive All of the following are likely to increase the cost of a company’s short-term financing EXCEPT: a
Subject:BusinessPrice: Bought3
All of the following are likely to increase the cost of a company’s short-term financing
EXCEPT:
a. an increase in the company’s debt rating by Moody’s or Standard and Poors
b. taking a loan on a discount basis
c. an increase in the compensating balance required
d. an increase in the bank’s prime lending rate