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When shareholders pursue strategies such as taking excessive risks or paying excessive dividends, these will result in:
I.no action by debtholders since these are equityholder concerns;
II.positive agency costs, as bondholders act on various restrictions and covenants, which will diminish firm value;
III.investments of the same risk class that the firm is in
Merchandise Sold
The products that a retailer, wholesaler, or distributor has sold to customers during a specific period.
Gross Profit
The income left over for a company once it has covered the costs involved in manufacturing and selling its products, or in offering its services.
Merchandise Sold
Products or goods that have been sold to customers, typically referring to transactions within the retail or wholesale sector.
Cost of Goods Sold
Directly incurred costs associated with the production of a company’s goods for sale, comprising material and labor expenses.
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