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1. The following is not an example of a direct cost of bankruptcy: a. Accountant Fees b. Poor terms from suppliers c. Court Fees d.
1. The following is not an example of a direct cost of bankruptcy:
a. Accountant Fees
b. Poor terms from suppliers
c. Court Fees d. Lawyer Fees
.
.
2. The following theory of capital structure predicts that firms with high profitability issue less debt:
a. Debt burden
b. Pecking order
c. Distress Cost
d. Static trade-off
.
.
3. The following is an example of an industry with a low amount of debt:
a. Air Transport
b. Hotels and motels
c. Building Construction
d. Biological products
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