Which One of the Following Is a Direct Bankruptcy Cost

question 79

Multiple Choice

Which one of the following is a direct bankruptcy cost?

• A)company CEO's time spent in bankruptcy court
• B)maintaining cash reserves
• C)maintaining a debt-equity ratio that is lower than the optimal ratio
• D)losing a key company employee
• E)paying an outside accountant fees to prepare bankruptcy reports

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Definitions:

Coronary Heart Disease

A condition characterized by reduced blood flow to the heart muscle due to the build-up of plaque in the coronary arteries, leading to heart attacks and chest pain.

High Blood Pressure

A condition where the force of the blood against the artery walls is too high, often leading to health problems.

Type B Personality

A personality type characterized by a more relaxed, less time-urgent, and less competitive approach to life compared to Type A personality.

Spontaneous Remission

The unexpected improvement or cure of a disease or condition that occurs without medical treatment.