PepsiCo, Inc., reported the following information about its long-term debt in the notes to a recent financial

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PepsiCo, Inc., reported the following information about its long-term debt in the notes to a recent financial statement (in millions):

Long-term debt is comprised of the following:


a. How much of the long-term debt was disclosed as a current liability on the current year’s December 31 balance sheet?

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 long-term debt?

c. If PepsiCo did not issue additional long-term debt next year, what would be the total long-term debt on December 31 of the upcoming year?

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Accounting

ISBN: 9781337902687

28th Edition

Authors: Carl S. Warren, Christine Jonick, Jennifer Schneider

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