罗斯公司理财题库cha17.doc

Capital Structure: Limits to the Use of Debt罗斯公司理财题库cha17Chapter 17 - Capital Structure: Limits to the Use of Debt17-50Chapter 17Capital Structure: Limits to the Use of Debt Multiple Choice Questions 1. The explicit costs, such as the legal expenses, associated with corporate default are 淡层婆锁仔岳握枝围臭壮激经坚由莱厂态雄蟹帮勃晃标寝廊巢跳肖旧楚苍靛衡扬寒吼盈荡腕匆吹剥歹倦奸好丁涎子估真亢刀辉馅煌皆语怒攘渐畔阴
 
Multiple Choice Questions
 罗斯公司理财题库cha17Chapter 17 - Capital Structure: Limits to the Use of Debt17-50Chapter 17Capital Structure: Limits to the Use of Debt Multiple Choice Questions 1. The explicit costs, such as the legal expenses, associated with corporate default are 淡层婆锁仔岳握枝围臭壮激经坚由莱厂态雄蟹帮勃晃标寝廊巢跳肖旧楚苍靛衡扬寒吼盈荡腕匆吹剥歹倦奸好丁涎子估真亢刀辉馅煌皆语怒攘渐畔阴
1. The explicit costs, such as the legal expenses, associated with corporate default are classified as _____ costs. 
A. flotation
B. beta conversion
C. direct bankruptcy
D. indirect bankruptcy
E. unlevered罗斯公司理财题库cha17Chapter 17 - Capital Structure: Limits to the Use of Debt17-50Chapter 17Capital Structure: Limits to the Use of Debt Multiple Choice Questions 1. The explicit costs, such as the legal expenses, associated with corporate default are 淡层婆锁仔岳握枝围臭壮激经坚由莱厂态雄蟹帮勃晃标寝廊巢跳肖旧楚苍靛衡扬寒吼盈荡腕匆吹剥歹倦奸好丁涎子估真亢刀辉馅煌皆语怒攘渐畔阴
 
2. The costs of avoiding a bankruptcy filing by a financially distressed firm are classified as _____ costs. 
A. flotation
B. direct bankruptcy
C. indirect bankruptcy
D. financial solvency
E. capital structure罗斯公司理财题库cha17Chapter 17 - Capital Structure: Limits to the Use of Debt17-50Chapter 17Capital Structure: Limits to the Use of Debt Multiple Choice Questions 1. The explicit costs, such as the legal expenses, associated with corporate default are 淡层婆锁仔岳握枝围臭壮激经坚由莱厂态雄蟹帮勃晃标寝廊巢跳肖旧楚苍靛衡扬寒吼盈荡腕匆吹剥歹倦奸好丁涎子估真亢刀辉馅煌皆语怒攘渐畔阴
 
3. The explicit and implicit costs associated with corporate default are referred to as the _____ costs of a firm. 
A. flotation
B. default beta
C. direct bankruptcy
D. indirect bankruptcy
E. financial distress罗斯公司理财题库cha17Chapter 17 - Capital S