What the total amount to be realized by cooler master co

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Reference no: EM132699278

Problem 1: AMD Co. has been forced into bankruptcy and liquidation. Unsecured claims will be paid at the rate of PO.50. COOLER MASTER Co. holds a non-interest-bearing note receivable from AMD in the amount of 100,000 collateralized by machinery with a liquidation value of 20,000. The total amount to be realized by COOLER MASTER Co. on this note receivable is:

a. 70,000

b. 60,000

C. 50,000

d. 20,000

Reference no: EM132699278

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