Bankruptcy Why do businesses file for bankruptcy and who stands to benefit? Submission Instructions: Your initial post should be at least 150 words, formatted, and cited in the current APA style w

Bankruptcy

Why do businesses file for bankruptcy and who stands to benefit?

Submission Instructions: 

• Your initial post should be at least 150 words, formatted, and cited in the current APA style with support from at least 2 academic sources. Your initial post is worth 8 points.
• You should respond to at least two of your peers by extending, refuting/correcting, or adding additional nuance to their posts. Your reply posts are worth 2 points (1 point per response.)
• All replies must be constructive and use literature where possible.

Read

• Ross, S. A., Westerfield, R. W., & Jordan, B. D. (2022).
  • Chapter 17: Dividends and Payout Policy 
  • Chapter 18: Short-Term Finance and Planning 
  • Chapter 19:  Cash and Liquidity Management 
  • Chapter 20: Credit and Inventory Management