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Nbspexplain the primary differences between investors and

Assume that Clinton Company acquires $1,200 cash from creditors and $1,700 cash from investors.

Required:

a. Explain the primary differences between investors and creditors.

b. If Clinton has net income of $800 and then liquidates, what amount of cash will the creditors receive? What amount of cash will the investors receive?

c. If Clinton has a net loss of $800 cash and then liquidates, what amount of cash will the creditors receive? What amount of cash will the investors receive?

d. If Clinton has a net loss of $1,900 cash and then liquidates, what amount of cash will the creditors receive? What amount of cash will the investors receive?

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