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Author Question: When companies are near bankruptcy, their suppliers may no longer extend them credit fearing ... (Read 21 times)

rmenurse

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Question 1

When companies are near bankruptcy, key employees may resign to take jobs with more financially secure employers. This is an example of a(n) ________ costs of financial distress.
◦ Direct
◦ Indirect

Question 2

When companies are near bankruptcy, their suppliers may no longer extend them credit fearing non-payment. This increases the investment in net working capital at the distressed firm. This is an example of a(n) ________ costs of financial distress.
◦ Direct
◦ Indirect


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Marked as best answer by rmenurse on Apr 25, 2021

kaylee05

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rmenurse

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Reply 2 on: Apr 25, 2021
Thanks for the timely response, appreciate it


adf223

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Reply 3 on: Yesterday
Excellent

 

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