xyz-corporation-has-a-long-term-debt-of-200000-with-annual-principal-repayments-

Question

XYZ Corporation has a long-term debt of $$200,000 with annual principal repayments of 20$$,000. How much should be reclassified as current liabilities at the end of the year?

Accepted Answer

$20,000

Answer

$180,000

Answer

$0

Answer

$200,000

XYZ Corporation has a long-term debt of \$200,000 with annual principal repayments of \$20,000. How much should be reclassified as current liabilities at the end of the year?