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A Company That Was to Be Liquidated Had the Following

Question 26

Multiple Choice

A company that was to be liquidated had the following liabilities: A company that was to be liquidated had the following liabilities:   Total liabilities with priority are calculated to be what amount? A)  $19,000. B)  $37,950. C)  $43,725. D)  $44,000. E)  $144,000. ($11,725 + $2,000 + $20,000 + $10,000)  = $43,725 Total liabilities with priority are calculated to be what amount?


A) $19,000.
B) $37,950.
C) $43,725.
D) $44,000.
E) $144,000.
($11,725 + $2,000 + $20,000 + $10,000) = $43,725

Correct Answer:

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