If a company is in the midst of hard times eg losing money
If a company is in the midst of hard times (e.g., losing money, cash shortfall) do you think it is easier to initiate restructuring with a capital structure weighted more toward equity, debt or a balance of both? Explain why or why not.
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1nbspa firm with a normalized pretax income of 40 million 25 tax rate and a total debttotal capital ratio of 30 decides
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if a company is in the midst of hard times eg losing money cash shortfall do you think it is easier to initiate
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