Indicate in which order the following claims would be


Indicate in which order the following claims would be settled when distributing the proceeds from liquidating a bankrupt firm: 

(a) Claims of preferred stockholders; 

(b) Claims of secured creditors; 

(c) Expenses of administering the bankruptcy; 

(d) Claims of common stockholders; 

(e) Claims of unsecured, or general, creditors; 

(f) Taxes legally due; 

(g) Unsecured deposits of customers; 

(h) Certain eligible wages; 

(i) Unpaid employee benefit plan contributions; 

(j) Unpaid interim expenses incurred between the time of filing and formal action by the court; and 

(k) Claims of farmers or fishermen in a grain-storage or fish-storage facility.

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Finance Basics: Indicate in which order the following claims would be
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