Current portion of long - term debt Connie's Bistro, Inc. reported the following information about its long
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Question:
Current portion of longterm debt
Connie's Bistro, Inc. reported the following information about its longterm debt in the notes to a recent financial statement in millions:
Longterm debt consists of the following:
a How much of the longterm debt was disclosed as a current liability on the current year's December balance sheet?
million
b How much did the total current liabilities change between the preceding year and the current year as a result of the current portion of longterm
debt?
S
mittion thcrease
c If Connie's Bistro did not issue additional longterm debt next year, what would be the total longterm debt on December of the upcoming
year?
s
milion
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