imash Ltd has been a successful company for quite some time. But in 213113 it started Experiencing nancial diiculty due to an unusual business downturn. Business in the ast month has not been generating the reyenue necessary for the company to cover its iability. This is the rst time that this happens in the 2D year history of the company- the company hopes to win some big contracts that will provide it Ta'ith yital cash ow. the creditors of Smash are Tworried because the company has not been making regular iayments on their liabilities. The creditors can be divided into three categories: - Major Bank is a secured creditor and has a charge oyer all the assets of the company- - Supplyco= an unsecured creditor, Twho would like to receiye some of the money that the company owes him. The employees of the company (who are owed unpaid wages, superannuation and holiday pay}. a \""hich type of external administration is best suitable for llajor Bank? 11 \""hich type of external administration is best suitable for Supply Co? c 'Which type of external administration is best suitable for the employees of Smash