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Catalano Produce has several types of debt, including six different short- and long-term loans from the bank and three different issues of bonds. Catalano will
Catalano Produce has several types of debt, including six different short- and long-term loans from the bank and three different issues of bonds. Catalano will likely
- iclude vital information about the debt along with each separate debt instrument and interest expense on several lines in the balance sheet.
2. have an extensive note in the financial statements disclosing the major characteristics of their debt, including maturity dates and interest rates.
3. report all of this debt on one line of their balance sheet.
4. use off-balance-sheet disclosures to report the details of the debts, including maturity dates and interest rates.
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