Question: ( P - 1 7 ) Current portion of long - term debt Connie's Bistro, Inc. reported the following information about its long - term
P Current portion of longterm debt
Connie's Bistro, Inc. reported the following information about its longterm debt in the notes to a recent financial statement in
millions:
Longterm debt consists of the following:
a How much of the longterm debt was disclosed as a current liability on the current year's December balance sheet?
$
million
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 longterm debt?
$
million
c If Connie's Bistro did not Issue additional longterm debt next year, what would be the total longterm debt on December of
the upcoming year?
$
million
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