Best yogurt files a petition in bankruptcy for relief in a


Best Yogurt Corporation orders refrigeration equipment from Cold Storage, Inc., which has an unperfected security interest in the equipment until it is paid for. Meanwhile, Best Yogurt takes out a loan from Dependable Credit, Inc., subject to a security interest in Best Yogurt’s building and equip­ment, which Dependable Credit perfects. Best Yogurt files a petition in bankruptcy for relief in a liquidation proceeding. If the petition is granted, in what or­der will the creditors be paid?

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Financial Management: Best yogurt files a petition in bankruptcy for relief in a
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