Section 1129(a)(7) of the Bankruptcy Code requires that each holder of an impaired allowed claim or interest either (1) accept the plan of reorganization or (2) receive or retain under the plan property of a value‚ as of the effective date‚ that is not less than the value such holder would receive or retain under the plan or reorganization if the applicable debtor were liquidated under Chapter 7 of the Bankruptcy Code on the effective date. This is referred to as the “best interests” test. To make
Premium Generally Accepted Accounting Principles Balance sheet Debt
CASE IBM : Restructuring The Sales Force In 1993‚ IBM’s Board of Directors decided the time was right for dramatic action. The once proud company had seen its sales fall from almost $69 billion in 1990 to $64‚5 billion in 1992. In the same period‚ profits plunged from $5‚9 billion to a loss of $4‚96 billion. In April 1993‚ the Board hired Louis V. Gerstner‚ Jr. to serve as its new Chairman and Chief Executive Officer and to turn the company around. Just three months into the job‚ Gerstner announced
Premium IBM Customer Sales
Sports and Entertainment Marketing The role Advertisers that sponsor sporting events or teams: Many advertisers take on the role of sponsoring sporting events or teams to bolster popularity and gain recognition through the team or event. Sport marketing urges memberships‚ sales‚ and recognition. These factors represent the biggest benefits for the companies‚ the athletes‚ the associations‚ the leagues‚ and sport event managers. Well thought out‚ effective marketing helps to understand the customer
Premium Marketing Advertising Sport
Restructuring Blackberry Limited The need for change in organisations is at all time high‚ due to the rapid pace of information technology. Organisations are always at crossroads‚ knowing the must take swift action to survive the competitive society. Most organisation future depends‚ on the action applied‚ and one may have come across companies that the management actions lead to it destruction. These might be inefficiency‚ or lack of oversight from the management who ignored change indicator
Premium Mobile phone Strategic management Smartphone
areas inside their stores. However‚ in January 22‚ 2002 Kmart Corps revealed the corporation had filed for chapter 11 bankruptcy protection. Suspected speculation seemed to be no big surprise of the Corporations financial rendering. Many Corporations can fail due to poor management and the inability to adapt into the ever changing market place. Kmart’s decent into bankruptcy evolved into a downward spiral
Premium Great Depression Wall Street Crash of 1929 Management
Infomercial Entertainment‚ INC Project Appraisals Depreciation Rates of MACRS | Year | Recovery Percentage | 1 | 20% | 2 | 32% | 3 | 19% | 4 | 12% | 5 | 11% | 6 | 6% | Question 1 Infomercial Project Selling Price of Infomercial $10 Total Production of 1993 (Units) 5000 Production Cost (%age of SP) 50% Labor Cost (%age of SP) 12% Sales Growth Rate per Year 5% Working Capital Required $10‚000 Initial Cost of Equipment $200‚000 Delivery Cost $25‚000 Total Cost
Premium Net present value
Part A: Long-term debt can generally be classified into three different categories: bonds payable‚ notes payable‚ and capital leases. Bonds payable can be secured by collateral‚ such as a mortgage bond‚ or unsecured‚ backed only by a company’s promise to pay. Most bonds carry a stated rate of interest but others are sold at a discount with an implied rate of interest inherent in the discounted sale. Some bonds can be converted into other securities. Other bonds can be called in by the corporation
Premium Bond Asset Balance sheet
Frankenstein Worksheets Be aware as you read the novel that point of view changes several times. Who tells the story first? Walton How? Letters written to his sister To whom? His sister Then who tells the story next? Victor To whom? Walton Then who tells the story? (Chapters 11-16) The monster To whom? Letters 1-4 1. 1. Who is Robert Walton? Describe him in detail. Lived a life of ease and luxury. Self educated. 28 years old What is he planning
Free Bankruptcy in the United States United States bankruptcy law
| | | |Course Schedule | |Dates |Topics | | |Note: The following schedule is approximate‚ reading and home work assignments are routinely posted on the | | |course website
Premium Bankruptcy United States bankruptcy law Homework
------------------------------------------------- Tzu Han Hung (Vivian) CASE 2 1. Estimated profit by random selection Expected spending per catalog mailed = 0.053 * $103 = $5.46 Expected Gross Profit by random select= (5.46-2)*180‚000 = $622‚800 2. a) We applied partition to “All_data” sheet‚ and partition output is shown in “Data_Partition1” b) Logistic regression output can be seen in “LR_Output1”. Target variable is “purchase”. We select every variable except sequence_number(meaningless
Premium Regression analysis Data Errors and residuals in statistics