Part 1. Answer the following questions from the case presented. Los Cedros reported the following information on long-term debt:

	Current Year Las Year
Total long-term debt	$14,578 million	$18,564 million
Minus the current portion	(1,290) millones	(1,540) millions
Long term debts	13,288 miles	17,024 million

Determine how much total current liabilities changed between the previous year and the current year as a result of the long-term debt portion. Explain your answer in your own words. Indicates the balance of the debt the following year if Los Cedros does not acquire another long-term debt in the next few years.

Answer rating: 100% (QA)

a Change in the current liabilities Prior year current liabilities portion current years curr... View the full answer