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Find the amount distributed to each equity shareholder due to the liquidation of the following firm. Total amount available for distribution is OMR 5,000,000 Liquidation
Find the amount distributed to each equity shareholder due to the liquidation of the following firm. Total amount available for distribution is OMR 5,000,000 Liquidation expenses is OMR 1,000,000 The capital structure is as follows: Capital Amount (OMR) Mortgaged debentures 2,000,000 Subordinated debentures 1 1,000,000 Subordinated debentures 2 1,000,000 Equity shares (@ $75 per share) 1,500,000 Total 5,500,000
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