At the time of its bankruptcy, Lederhosen Ltd. had the following assets: a sewing machine with a fair market value of $35,000, accounts receivable of $15,000, and general business assets of $3,000
Its creditors, and the amounts owing to them, were the following: the provincial Workers' Compensation Fund - $8,000; a leather supplier - $3,000; an unsecured business lender - $5,000; and a bank - $40,000, for a loan secured by a general security agreement which had been perfected under the Personal Property Security Act. Bankruptcy expenses in involved trustee fees of $2,500 and legal fees of $2,000. In this case the money remaining to be divided among the unsecured creditors is:
A) $0
B) $500
C) $2,500
D) $5,000
E) $5,500
B
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) A report that answers the question "How is this particular employee doing on the job?" is what type of report?
A) Trip. B) Investigative. C) Progress. D) Incident. E) Feasibility.
The assistant manager had taken a management science class a few years before and while she knew enough to formulate the problem and implement it in Excel,
the only sensitivity training she had ever received had to do with being more empathetic to the plight of her minimum wage workforce. Help her interpret the sensitivity report for the cheese and meat constraints as it appears below. Final Shadow Constraint Allowable Allowable Cell Name Value Price R.H. Side Increase Decrease $G$7 Cheese 400 0.25 400 16.66666667 233.3333333 $G$8 Meat 150 0.125 150 110 10