Secondary Succession Is More Likely to Follow a Disturbance to a Mature

question 10

Short Answer

Secondary succession is more likely to follow a disturbance to a mature community than primary succession because ________ typically remain intact.

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Definitions:

Distressed Firm

A company experiencing financial hardships, often reflected in its inability to meet financial obligations.

Capital Structure

Capital Structure refers to the mix of debt and equity financing a company uses to fund its operations and growth.

M&M Proposition I

A principle of corporate finance stating that, under certain conditions, the value of a company is not affected by how it is financed, regardless of whether the company is financed by debt or equity.

Value of the Firm

The total worth of a company based on its current market capitalization plus any debts, and minus any cash on the company's balance sheet.