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Which of the following are direct costs of bankrupcy​? ​(Choose all correct​ responses.) A. Loss of...

Which of the following are direct costs of bankrupcy​? ​(Choose all correct​ responses.) A. Loss of customers and suppliers. B. Fire sales of assets. C. Payments to legal and accounting experts. D. Payments to auctioneers and others with experience in selling distressed assets.

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Expert Solution

Direct cost of bankruptcy are

  • Payment to legal and accounting experts
  • Payment to auctioneers and others with experience in selling distressed assets
  • fire sale of assets

jeff jeffy answered 2 years ago
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