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Current portion of long - term debt Connie's Bistro, Inc. reported the following information about its long - term debt in the notes to a
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: Line Item Description December Current Year December Prior Year Total long termdebt $ $ Current portion Longterm debt $ $ a How much of the longterm debt was disclosed as a current liability on the current years December balance sheet? fill in the blank of $ 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? fill in the blank of $ million Increase 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? fill in the blank of $ million
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:
Line Item Description December
Current Year December
Prior Year
Total long termdebt $ $
Current portion
Longterm debt $ $
a How much of the longterm debt was disclosed as a current liability on the current years December balance sheet?
fill in the blank of $
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?
fill in the blank of $
million
Increase
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?
fill in the blank of $
million
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