You are currently working in a financial services firm that offers a variety of services to large listed companies. Your boss has commissioned you to report on the impact of the coronavirus pandemic on corporate finance.

Your boss has asked you to consider the consumer services industry such as Woolworths for the year 2019 - 2020.

Your firm advises clients on the following aspects of corporate finance:

Dividend / stock repurchases

Capital raising (debt/equity)

Risk management (hedging)

Corporate restructuring (M&A, bankruptcy etc.)

Capital Budgeting

Your boss wants to know if she should expect additional businesses to be flowing to the firm due to the adverse impact of coronavirus pandemic for the affected firm X (Woolworths).