Voluntary settlements Payments Jacobi Supply Company recently ran into certain financial dificulties that have currently has $110,000 in outstanding debts and approximately $55,000 in liquidatable short-term assets. Indicate, for each of the folowing plans, whether the plan is an resulted in the initiation of voluntary settlement procedures. The firm composition, or a combination of the two. Also indicate the cash paryments and timing of the payments required of the firm under each plan extension, a a. Each creditor will be paid 58 cents on the dollar immediately, and the debts will be considered fully satisfied b. Each creditor will be paid 75 cents on the dollar in two quarterly installments of 50 cents and 25 cents. The first instaliment is to be paid in 90 days C. Each creditor will be paid the full amount of its claims in three installments of 40 cents, 30 cents, and 30 cents on the dollar. The installments will be made in 60-day intervals beginning in 60 days d. A group of creditors with claims of $45,000 will be immediately paid in full, the rest will be paid 95 cents on the dollar, payable in 90 days a. Each creditor will be paid 58 cents on the dollar immediately, and the debts will be considered fully satistied The settlement is b. Each creditor will be paid 75 cents on the dollar in two quarterty installments of 50 cents and 25 cents. The first installment is to be paid in 90 days The settlement is c. Each creditor will be paid the ful amount of its claims in three instaliments of 40 cents, 30 cents, and 30 cents on the dollar. The installments will be made in 60-day intervails, Creditors will be paid $ now (Select trom the drop-down menus.) Creditors will be paid S in 90 days and S in 180 days (Select from the drop-down menus.) beginning in 60 days The settlement is d. A group of creditors with claims of $45,000 will be immediately paid in full,the rest will be paid 95 cents on the dollar, payable in 90 days The settlement is Click to select your answers) Creditors will be paid v in 60 days,s in 120 days, and S in 180 days. (Select from the drop-down menus) Some creditors will be paid snow and the remaining creditors will be paid s in 90 days. (Select trom the drop-down menus) Voluntary settlements Payments Jacobi Supply Company recently ran into certain financial dificulties that have currently has $110,000 in outstanding debts and approximately $55,000 in liquidatable short-term assets. Indicate, for each of the folowing plans, whether the plan is an resulted in the initiation of voluntary settlement procedures. The firm composition, or a combination of the two. Also indicate the cash paryments and timing of the payments required of the firm under each plan extension, a a. Each creditor will be paid 58 cents on the dollar immediately, and the debts will be considered fully satisfied b. Each creditor will be paid 75 cents on the dollar in two quarterly installments of 50 cents and 25 cents. The first instaliment is to be paid in 90 days C. Each creditor will be paid the full amount of its claims in three installments of 40 cents, 30 cents, and 30 cents on the dollar. The installments will be made in 60-day intervals beginning in 60 days d. A group of creditors with claims of $45,000 will be immediately paid in full, the rest will be paid 95 cents on the dollar, payable in 90 days a. Each creditor will be paid 58 cents on the dollar immediately, and the debts will be considered fully satistied The settlement is b. Each creditor will be paid 75 cents on the dollar in two quarterty installments of 50 cents and 25 cents. The first installment is to be paid in 90 days The settlement is c. Each creditor will be paid the ful amount of its claims in three instaliments of 40 cents, 30 cents, and 30 cents on the dollar. The installments will be made in 60-day intervails, Creditors will be paid $ now (Select trom the drop-down menus.) Creditors will be paid S in 90 days and S in 180 days (Select from the drop-down menus.) beginning in 60 days The settlement is d. A group of creditors with claims of $45,000 will be immediately paid in full,the rest will be paid 95 cents on the dollar, payable in 90 days The settlement is Click to select your answers) Creditors will be paid v in 60 days,s in 120 days, and S in 180 days. (Select from the drop-down menus) Some creditors will be paid snow and the remaining creditors will be paid s in 90 days. (Select trom the drop-down menus)