Here are the problems:
Q1. Which of the following is not an indirect cost of bankruptcy?
- Legal Fees
- Delayed Liquidation
- Costs to Creditors
- Loss of Customers
Q2. Which of the following is not an indirect cost of bankruptcy?
- Loss of Suppliers
- Fire Sales of Assets
- Costs of Appraisers
- Loss of Employees
Q3. 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
Q4. Which of the following industries is likely to have the lowest costs of financial distress?
- Airlines
- Computer Software
- Biotechnology
- Electric Utilities
Q5. Which of the following industries likely to have the highest costs of financial distress?
- Grocery store
- Semiconductors
- Real estate
- Utilities