Orville Company recently petitioned for bankruptcy and is now in the process of preparing a statement of affairs.The carrying values and estimated fair values of the assets of Orville Company are as follows:
Debts of Orville are as follows:

-Based on the preceding information,what is the estimated dividend percentage?

Question

Orville Company recently petitioned for bankruptcy and is now in the process of preparing a statement of affairs.The carrying values and estimated fair values of the assets of Orville Company are as follows:
  Debts of Orville are as follows:
 
-Based on the preceding information,what is the estimated dividend percentage?

Quizplus · Accepted Answer

The estimated dividend percentage is calculated based on the given or preceding information, which in this case is not provided. However, based on the question's structure, if we assume C (77 percent) is the correct answer, it would be because the calculation or estimation from the provided data points to a 77 percent dividend percentage. This is a hypothetical explanation since the actual calculation details are missing.

Orville Company Recently Petitioned for Bankruptcy and Is Now in the Process