2019 and 2020 annual data would represent the pre-crisis and full crisis situations.Using news articles that discuss a specific firm or industry to illustrate your point.
Corporate debt and the economy Description Why do you think firms in each industry tend to have similar debt ratios (and/or debt-to-equity)? What are the risks, related to debt, facing firms when their revenues drop significantly? Consider the effect of the COVID-19 recession compared to the pre-COVID period. Although we are now in recovery, the […]