The Ratio Called "Dividend to General Unsecured Creditors" Is Calculated

question 49

Multiple Choice

The ratio called "dividend to general unsecured creditors" is calculated by which of the following formulas?

• A)​Estimated amount available for unsecured creditors with/without priority divided by Total claims of all unsecured creditors with/without priority
• B)​Estimated realizable value of all debtor assets divided by Book value of debtor assets
• C)​Estimated gain/loss on liquidation divided by Total estimated net realizable value of debtor assets
• D)​Net estimated proceeds available to unsecured creditors without priority divided by Total claims of unsecured creditors without priority.

---

Definitions:

James Naismith

The Canadian-American physical educator who invented the game of basketball in 1891.

Peach Baskets

Initially used as the first goals in the game of basketball, these containers were nailed to the balconies of gymnasiums, marking the start of this now popular sport.

Mortimer Mouse

A fictional character from the Disney universe, originally conceived as a rival to Mickey Mouse.

Mickey Mouse

An iconic cartoon character created by Walt Disney and Ub Iwerks in 1928, recognized as the mascot of The Walt Disney Company.