In the Context of Bankruptcy Proceedings,liquidating Dividends Are

In the context of bankruptcy proceedings,liquidating dividends are

A) proceeds from the sale of assets over and above the security claims.
B) funds distributed to shareholders when a corporation is in bankruptcy.
C) the distributed funds that are over and above the stated book value.
D) unexpected returns from assets that were unaccounted for in the books.
E) payments made to creditors from time to time as realization of the debtor's assets permits.