Can some one please help me answer these three questions?

1. list and explain the points of financial impact on a company if it raises the credit standards required of its customers who utilize trade credit offered by the company.
2. As a corporation what are the benefits and ramafications ofusing convertible debt to finance a publicly traded company? As an investor what are the benefits and ramafications of purchasing convertible debt in a publicly traded company? Are there any conflict between the goals of te investor and the goals of the corporation?
3. What are the benefits and the costof placing a financially troubled company into a chapter 11 bankruptcy proceeding? Is this a legitimate and ethical vehicle for management to use for the benefit of the company's stakeholders?