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Amber Co. recently had financial difficulty and is being liquidated. The firm has liquidation value of P5,000,000. The firms capital structure is as follows: Unsecured
Amber Co. recently had financial difficulty and is being liquidated. The firm has liquidation value of P5,000,000. The firms capital structure is as follows: Unsecured creditors - P2,500,000 Mortgage bonds - P2,500,000 Preference shares - P500,000 Ordinary shares - P1,000,000 How much will the unsecured creditors received from liquidation
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