Consider the Following Two Statements: (I) in the U

Consider the following two statements: (i) in the U.S., approximately half of the financial restructurings have been done via private workouts.
(ii) in the U.S., approximately 70% of large public firms that have filed for bankruptcy continue to do
Business.

A) (i) is correct and (ii) is incorrect.
B) (ii) is correct and (i) is incorrect.
C) Both (i) and (ii) are correct.
D) Both (i) and (ii) are incorrect.
E) Bankrupt firms cannot continue to do business.