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ABC PRINTING COMPANY ABC Printing Company, Inc. ("ABC") is one of the largest printers in the Midwest of inserts for daily and weekly newspapers. The company has been in existence for 40 years and has achieved a reasonable level of success. Eight years ago, in the wake of the breakup of the former Soviet Union, the president and sole shareholder of ABC perceived an opportunity to establish a printing company in Belarus. He caused ABC to create a wholly owned subsidiary corporation and capitalized the corporation with $4 million to establish a printing operation, including the purchase of several large presses. Due to the difficulties in operating in Belarus, the venture failed and the investment was totally lost. Today ABC is experiencing cash flow difficulties relating to the loss of working capital because of the Belarus investment ABC owes approximately $6 million to its principal bank lender and $3 million to its unsecured creditors. It is profitable and its business is growing, but its working capital is severely constrained by the need to fund current growth and pay back past due obligations. 1. How would you advise ABC to solve its current working cash dilemma? Go to the bends uk fora Jeenpery Careevee of paremets w/ a preuse to leeux encent of bay dalk of celled to veel groues. 2. Assume that $2.5 million of unsecured debt is held by a dozen creditors who have sold the debtor paper and ink. Does this change your

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