Examlex
Explain the strategy of Harley-Davidson.
Levered Firm
A company that utilizes debt financing as a significant portion of its capital structure.
Indirect Bankruptcy Costs
Expenses related to bankruptcy that are not direct costs such as legal and administrative fees, including damage to corporate reputation and loss of business opportunities.
Corporate Default
A failure of a company to fulfill its financial obligations, such as missing a debt payment.
Lost Sales
Revenue that a company could have earned but didn't, due to stockouts, inadequate capacity, or other factors.
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