In its 2017 balance sheet, Pfizer, Inc., reports a value of $3,546 million as current portion of
Question:
In its 2017 balance sheet, Pfizer, Inc., reports a value of $3,546 million as current portion of long term debt. In addition, Pfizer reports the following maturity schedule for its remaining $32,783 million in long-term debt outstanding:
a. Why does the table not include 2018? How much long-term debt is due in 2018?
b. What implications does the payment schedule have for your evaluation of Pfizer's liquidity and solvency?
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a The 3546 million of debt that is due in 2018 is alread...View the full answer
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Related Book For 
Financial Accounting
ISBN: 9781618533111
6th Edition
Authors: Michelle L. Hanlon, Robert P. Magee, Glenn M. Pfeiffer, Thomas R. Dyckman
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