Bankruptcy, Reorganization, and Liquidation推荐.pdfVIP

C H A P T E R 25 Bankruptcy, Reorganization, and Liquidation Thus far, we have dealt with issues faced by growing, successful enterprises. However, many firms encounter financial difficulties, and some, including such big names as United Airlines and Kmart, are forced into bankruptcy. When a firm encounters The ThomsonNOW Web site contains an financial distress, its managers must try to ward off the firm’s total collapse and thereby minimize losses. The ability of a firm Excel file that will guide you through the to hang on during rough times often means the difference chapter’s calculations. The file for this between forced liquidation versus rehabilitation and eventual chapter is IFM9 Ch25 Tool Kit.xls, and success. An understanding of bankruptcy is also critical to the we encourage you to open the file and executives of healthy firms, because they must know the best follow along as you read the chapter. actions to take when their customers or suppliers face the threat of bankruptcy.