What Is Financial Distress How To Overcome It Detailed
Let us first study about what is Financial Distress; how it leads to insolvency & then let us learn about some sources of financing apart from the traditional modes of Equity & Debt. Financial Distress & Insolvency If cash inflows are inadequate, the firm will face difficulties in the payment of interest and repayment of principal. If the situation continues for a long time, there might come a day when the firm would face pressure from creditors for payments....