Question: Consider the information presented in E13-10. Required: 1. How would Sprint report the debt in its balance sheet if it reported under IFRS? Why? 2.

Consider the information presented in E13-10.

Required:
1. How would Sprint report the debt in its if it reported under IFRS? Why?
2. Would your answer to requirement 1 change if Sprint obtained its long-term credit facility after the date? Why?

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