Question: 2/3 in which i need help with please and thank you this was all the information that the 2 questions gave me..... A Special Topics
A Special Topics no legal fees associated with the bankruptcy, as a trustee, what dis- Assuming there are no legal fees associated tribution of liquidating value do you propose? 2. Chapter 11 When the Master Printing Company filed for Chapter 11 of the U.S. bankruptcy code. Key information ting Company filed for bankruptcy, it filed under bankruptcy code. Key information is shown here: Claims Assets Mortgage bonds Senior debentures Junior debentures Book equity $27,000 12,100 8,500 -10,100 Going concern value $37,500 As a trustee, what reorganization plan would you accept? 3. Z-Score Fair-to-Midland Manufacturing, Inc. (FMM). has applied for a loan at True Credit Bank. Jon Fulkerson, the credit analyst at the bank. has gathered the following information from the company's financial statements: Total assets EBIT Net working capital Book value of equity Accumulated retained earnings Sales $115.000 7,900 4,100 23,000 19,600 112,000
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