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Assume that Harris Company acquires $1,100 cash from creditors and $1,700 cash from investors. Required b. If Harris has net income of $1,100 and then

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Assume that Harris Company acquires $1,100 cash from creditors and $1,700 cash from investors. Required b. If Harris has net income of $1,100 and then liquidates, what amount of cash will the creditors receive? What amount of cash will the investors receive? c. If Harris has a net loss of $1100 cash and then liquidates, what amount of cash will the creditors receive? What amount of cash will the investors receive? d. If Harris has a net loss of $2,200 cash and then liquidates, what amount of cash will the creditors receive? What amount of cash will the investors receive? b. Creditors receive Investors receive c. Creditors receive Investors receive d. Creditors receive Investors receive

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