Question 1: Which of the following is not an indirect cost of bankruptcy?
- Legal Fees
- Delayed Liquidation
- Costs to Creditors
- Loss of Customers
Question 2: Which of the following is not an indirect cost of bankruptcy?
- Loss of Suppliers
- Fire Sales of Assets
- Costs of Appraisers
- Loss of Employees
Question 3: Which of the following is not a direct cost of bankruptcy?
- Costs to Creditors
- Investment Banking Costs
- Costs of accounting experts
- Legal Costs and Fees
Question 4: Which of the following industries is likely to have the lowest costs of financial distress?
- Airlines
- Computer Software
- Biotechnology
- Electric Utilities
Question 5: Which of the following industries likely to have the highest costs of financial distress?
- Grocery store
- Semiconductors
- Real estate
- Utilities