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  3. financial distress inflicts direct and indirect co

Financial distress inflicts direct and indirect costs on a company in difficulties. Explain what these...

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Finance

Financial distress inflicts direct and indirect costs on a company in difficulties. Explain what these costs are. Which has more impact on the value of the company? Discuss the nature of these costs and how they affect the company, giving examples where possible. Explain how a company can try to get out of financial distress.

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