At December 31, 2022, Mimi Co. has $30,000,000 of notes payable. Of the $30,000,000 total, $25,000,000 of notes payable mature June 30, 2023 and $5,000,000 mature June 30, 2026. In Mimi Co.'s balance sheet at December 31, 2022, how much of the $30,000,000 in notes payable is reported as a current liability?

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To determine the amount of notes payable reported as a current liab... View the full answer