Question: 5 . Able's inventory has been financed 1 0 0 % with a long - term note. The note is coming due during 2 0
Able's inventory has been financed with a longterm note. The note is coming due during Able has a commitment from a new lender that permits fiveyear debt refinancing up to an amount equal to of inventory, which is expected to range between $ and $ in At how much of the company's currently maturing note payable can be classified as longterm debt?
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