Professional Documents
Culture Documents
NRV
Land and building Fully secured 220000
Mortgage payable 200000
Interest payable 5000
Free Assets 15000
Cash 15000
Marketable Securities 19000
Inventories 75880
Equipment Net 25000
Total Free Assets 149880
Ap 80000
Accrued Expenses 30000 -2000
Salaries Payable 15000
Mortgage Payale 155000
Ordinary Shares 100000
Deficit -12000
Total 368000
Unsecured without Priority Fully Secured Assets
206000
30000
236000
34400 0
58000 30000
92400 30000
Partially Secured Excess Free Assets Unsecured without Pri
170000 -55000 8000
48000 -3000
20000
25600 34400
6400
28000
Partially Secured Assets
Free Assets
220000 100000 plus Excess of nrv over fully secured
205000 130000 Total Free Assets
less Liability with priorities
Net Free Assets
Less Total Liabilities w/o Prio
Estimated Deficiency
15000 excess of nrv over fully secured -30000
RECOVERY PERCENTAGE
Net Free Assets/
Total Liabilities w/o Prio
0.33
28000
nrv over fully secured 34400
62400 pambayad ng with priority and without priority
ith priorities 25000
37400 Pambayad sa with out priority
ilities w/o Prio 92400
-55000
0.404762
AP
45000
1214.4
46214.4
0.9628 Partially Secured