Difference between short term and long term borrowing
This query is : Resolved
25 August 2012
What is the difference between short term and long term borrowing?
25 August 2012
Criteria is One Year.
>1 Year - Long Term
<1 Year - Short Term
>1 Year - Long Term
<1 Year - Short Term
Guest
Guest
(Expert)
25 August 2012
Short term comprises of any debt incurred by a company that is due within one year.
Long term comprises of any debt incurred by a company that is due after one year.
Long term comprises of any debt incurred by a company that is due after one year.
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