Magic Mobile Homes Is to Be Liquidated

question 20

Multiple Choice

Magic Mobile Homes is to be liquidated. All creditors,both secured and unsecured,are owed $2 million. Administrative costs of liquidation and wage payments are expected to be $500,000. A sale of assets is expected to bring $1.8 million after taxes. Secured creditors have a mortgage lien for $1,200,000 on the factory which will be liquidated for $900,000 out of the sale proceeds. The corporate tax rate is 34%. How much and what percentage of their claim will the unsecured creditors receive,in total?

• A) $100,000; 12.50%
• B) $290,909; 36.36%
• C) $300,000; 37.50%
• D) $600,000; 75.00%
• E) Not enough information to answer

Identify different scenarios such as HR gap in human capital management.

Explain the process and steps involved in HR forecasting.

Appreciate the significance of strategic human capital management for competitive advantage.

Understand the terminology used in HR forecasting, such as projection and envelope.