Question
The costs of financial distress depend mostly on how easily the ownership of the firm's Blank______ can be transferred.
Multiple choice question.
liabilities
debt
equity
assets
Multiple choice question.
liabilities
debt
equity
assets
Answers
GPT-4o mini
The correct answer is **assets**.
The costs of financial distress are influenced by how easily the ownership of the firm's assets can be transferred. When assets can be easily sold or transferred, it can mitigate the negative effects of financial distress.
The costs of financial distress are influenced by how easily the ownership of the firm's assets can be transferred. When assets can be easily sold or transferred, it can mitigate the negative effects of financial distress.