The balance sheet of EuroTel, a European Union communications firm, shows current assets of 20,000 million, current

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The balance sheet of EuroTel, a European Union communications firm, shows current assets of €20,000 million, current liabilities of €15,849 million, shareholders’ equity of €17,154 million, and noncurrent assets of €29,402 million. What is the amount of noncurrent liabilities on EuroTel’s balance sheet?

Balance Sheet
Balance sheet is a statement of the financial position of a business that list all the assets, liabilities, and owner’s equity and shareholder’s equity at a particular point of time. A balance sheet is also called as a “statement of financial...
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Financial Accounting An Introduction to Concepts, Methods and Uses

ISBN: 978-1133591023

14th edition

Authors: Roman L. Weil, Katherine Schipper, Jennifer Francis

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