Voluntary settlements For a firm with outstanding debt of $126,000, classify each of the following voluntary settlements as an extension, a composition, or a combination of the two. a. Paying a group of creditors in full in four periodic installments and paying the remaining creditors in full immediately. b. Paying a group of creditors 93 cents on the dollar immediately and paying the remaining creditors 75 cents on the dollar in two periodic installments. c. Paying all creditors 12 cents on the dollar. d. Paying all creditors in full in 60 days. a. Paying a group of creditors in full in four periodic installments and paying the remaining creditors in full immediately. (Select the best answer below.) The settlement is: A. an extension. B. a combination. C. a composition b. Paying a group of creditors 93 cents on the dollar immediately and paying the remaining creditors 75 cents on the dollar in two periodic installments. the best answer below.) The settlement is: A. a combination. B. an extension. t C. a composition. n c. Paying all creditors 12 cents on the dollar. (Select the best answer below.) The settlement is: A. a composition. B. a combination. The settlement is: A. a composition. B. a combination. O C. an extension. d. Paying all creditors in full in 60 days. (Select the best answer below.) The settlement is: O A. a composition B. a combination. C. an extension