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3. The Smell Fresh Kitty Litter Company has assets of $10 million, liabilities of $4 million, and 2 million shares outstanding. Assuming creditors are paid

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3. The Smell Fresh Kitty Litter Company has assets of $10 million, liabilities of $4 million, and 2 million shares outstanding. Assuming creditors are paid in full prior to stockholders receiving any money, what is the maximum amount the stockholders would receive in a bankruptcy settlement? What is the amount per share they would receive

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