Reference no: EM131100183

Write a four to five (4-5) page paper in which you:

1. Select a company that filed for Chapter 11 reorganization. Provide background information on the company, the target market, and the product sold. Infer the key economic factors that caused the company to file for Chapter 11 reorganization.

2. Predict whether or not the company will be in a better financial position five (5) years from the date of the reorganization based on financial statements for the company on the date of the reorganization. Provide specific examples to support your rationale.

3. Evaluate the key types of debt reorganization the company has selected in terms of effectiveness, and create an argument to support why that method was chosen. Rank the three (3) types of debt restructuring, from most to least effective. Select the method that would provide the most benefit to creditors. Justify your choice of debt restructuring method.

4. Assess the future outlook of the company from a financial standpoint. Recommend three to five (3-5) precautions that the company could take to avoid financial problems.

5. Use at least three (3) quality academic resources in this assignment. Note: Wikipedia and other Websites do not qualify as academic resources.

Your assignment must follow these formatting requirements:

• Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format.
• Include a cover page containing the title of the assignment. The cover page and the reference page are not included in the required assignment page length.

The specific course learning outcomes associated with this assignment are:

• Analyze the accounting requirements for business combination and prepare the financial statements for the consolidation of subsidiaries on the date of acquisition.
• Analyze special issues related to business consolidations including changes in ownership, insolvency, liquidation, and reorganization.
• Use technology and information resources to research issues in advanced accounting.
• Write clearly and concisely about advanced accounting using proper writing mechanics.