NO.PZ2023090507000042
问题如下:
The value-reducing impact of financial distress or bankruptcy increases if the firm has:
选项:
A.assets with a ready secondary market.
lower operating and financial leverage.
higher business risk.
解释:
C is correct.
The probability and cost of financial distress rise for firms with higher business risk and more debt in the capital structure. In contrast, the cost of financial distress is lower for firms with lower operating and financial leverage and for firms with assets that have a secondary market and can be easily sold.
请问这道题目翻译过来是什么意思呢? 感觉好绕