Chapter_30

Chapter_30 - $6,000 $6,000 Senior debentures $5,000 $5,000...

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Chapter 30 Problems 1-2 Input boxes in tan Output boxes in yellow Given data in blue Calculations in red Answers in green NOTE: Some functions used in these spreadsheets may require that the "Analysis ToolPak" or "Solver Add-in" be installed in Excel. To install these, click on "Tools|Add-Ins" and select "Analysis ToolPak and "Solver Add-In."
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Chapter 30 Question 1 Input Area: Total assets $15,500 Trade credit $3,000 Secured mortgage notes $6,000 Senior debentures $5,000 Junior debentures $9,000 Equity $(7,500) Output Area: Original claim Trade credit $3,000 $3,000 Secured mortgage notes
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Unformatted text preview: $6,000 $6,000 Senior debentures $5,000 $5,000 Junior debentures $9,000 $1,500 Equity $- $- Distribution of liquidating value Chapter 30 Question 2 Input Area: Going concern value $15,000 Mortgage bonds $10,000 Senior debentures $6,000 Junior debentures $4,000 Equity $(5,000) Output Area: Senior debenture recovered (cents per dollar) $0.65 Original claim Reorganized claim Mortgage bonds $10,000 Senior debenture Senior debentures $6,000 Junior debenture Junior debentures $4,000 Equity $10,000 $3,900 $1,100...
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Chapter_30 - $6,000 $6,000 Senior debentures $5,000 $5,000...

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