NO.PZ2023112701000027
问题如下:
The potential for conflict between debtholders and shareholders is:
选项:
A.lower for long-term debt than for short-term debt. B.the same for long-term debt and short-term debt. C.higher for long-term debt than for short-term debt.解释:
Correct Answer: C
C is correct because the potential debt/equity conflict is greater in the case of long-term rather than short-term debt because the passage of time exposes debtholders to possible changes in business conditions, strategy, and management behavior.
能否解释下C为什么正确