Question
How did the financial crisis brought on by the economic shut-down related to measures implemented to control the spread of the coronavirus has impacted how
How did the financial crisis brought on by the economic shut-down related to measures implemented to control the spread of the coronavirus has impacted how firms are raising funds and/or changing their capital structure?
How are firms capital structure can be impacted or influenced by major changes in economic cycles?
Alternatively, discuss how firms in cyclical industries (those whose earnings are directly related to economic cycles) may have a different capital structure than firms in non-cyclical industries (consider how some products are in demand no matter what is happening in the economy, i.e., home paper products).
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