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What conditions is the current portion of long-term debt

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Reference no: EM132648422

Problem 1: Under what conditions is the current portion of long-term debt NOT reported as current debt?

a. If you are going to pay with non-current assets.

b. If it is going to be paid with the issuance of new non-current debt.

c. If it is to be paid with common shares of the company.

d. All the above are correct.

Reference no: EM132648422

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