Chapter 11 When the Master Printing Company fi led for bankruptcy, it fi led under Chapter 11
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Chapter 11 When the Master Printing Company fi led for bankruptcy, it fi led under Chapter 11 of the U.S. bankruptcy code. Key information is shown here:
Assets Claims Mortgage bonds $10,000 Senior debentures 6,000 Junior debentures 4,000 Going concern value $15,500 Book equity 5,000 As trustee, what reorganization plan would you accept? LO.1
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