Mark x Company
Mark x Company
EQUIPMENT INVENTORY MORTGAGE case-39i /a /b /c Print_Area_MI PRINT_AREA_MI Total liabilities Common stock Retained earnings /gnu{right}~q Total equity Total claims Liquidation Data: Trustee's expenses Land and buildings Equipment Receivables (% per $) Inventory (% per $) Subordinate LT loans Accrued taxes Accrued wages Unfunded pension liab MODEL-GENERATED DATA: Liquidation Proceeds: Cash and marketable securities Total proceeds Distribution of Proceeds: Priority Claims: Percent Proceeds of Remaining Claim After Claim Claim Payment Received is Paid ------ -------- ----------- 1. Mortgage 2. Trustee's fees 3. Wages due 4. Taxes due 5. Unfunded pension liab Initial General Creditor Allocation: General creditor claims Proceeds remaining Pro rata percentage 6. Accounts payable 7. ST bank loans 8. Priority LT bk loans 9. Sub LT bank loans 10. Remaining mortgage General Creditor Allocation After Subordination Adjustment: 10a. Total mortgage Shareholders' Distribution: 11. Common stockholders SENSITIVITY ANALYSES: Data Tables Question 7; Amount Recovered Mortgage Pension ST loan Priority LT Subord. LT liab. bank loan Land & build Priority ST % Inv recov END IMPORTANT NOTE TO INSTRUCTORS: FIRST, COPY ALL THE MODELS FROM THE MASTER DISKETTE TO A SECOND DISKETTE OR TO THE HARD DISK. THEN USE ONLY THE WORK (COPY) FILES TO CREATE THE STUDENT FILES. THE MACROS BELOW CREATE THE STUDENT MODEL AND THEN SAVE IT TO THE DISK OR DISKETTE THAT YOU ARE WORKING WITH USING THE FOLLOWING FILE NAMES: CASE-39E, CASE-39M, OR CASE-39H. DO NOT WRITE OVER THE INSTRUCTOR MODEL ON THE MASTER DISKETTE. TO INVOKE THE MACROS WHICH CREATE THE STUDENT MODELS, SIMULTANEOUSLY PRESS ALT-E, ALT-M, OR ALT-H. Case 39H Student Version MARK X COMPANY (B) Bankruptcy and Reorganization This case demonstrates the kind of analysis that is necessary...