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Problem Set 4 Liquidation Southwestern Wear Inc. has the following balance sheet: The trustee's costs...

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Accounting

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Problem Set 4 Liquidation Southwestern Wear Inc. has the following balance sheet: The trustee's costs total $238,750, and the firm has no accrued taxes or wages. Southwestern has no unfunded pension liabilities. The debentures are subordinated only to the notes payable. If the firm goes bankrupt and liquidates, how much will each class of investors receive if a total of $2.9 million is received from sale of the assets? Round your answers for monetary values to the nearest dollar and for percentage values to the nearest whole number. If your answer is zero, enter " 0 ". Enter your answers as positive values. Round your answer for monetary value to the nearest dollar and for percentage value to two decimal places. The remaining \$ will go to the common stockholders. They will receive only % of the amount of equity on the balance sheet

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