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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## This note was uploaded on 12/14/2010 for the course FINC 311 taught by Professor Stanley,t during the Fall '08 term at Winthrop.

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

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