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I think it's mostly as a way to smooth out their financial numbers, even companies with tons of money in the bank still uses short term debt on daily basis... a

by catch23 18y ago

I think it's mostly as a way to smooth out their financial numbers, even companies with tons of money in the bank still uses short term debt on daily basis... at least that was how a business owner explained it to me.

richcollins 18y ago
> smooth out their financial numbers So how will they fail if they don't have access to it?
- newt0311 18y ago
  Excess inefficiencies if they have to adjust immediately. They would have to unroll all the debt in a few days instead of the months it would take to unroll the debt in an orderly fashion.