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Business, 28.01.2020 05:31 mkn3347

Bramble owes $2.9 million that is due on february 28. the company borrows $2,340,000 on february 25 (5-year note) and uses the proceeds to pay down the $2.9 million note and uses other cash to pay the balance. how much of the $2.9 million note is classified as long-term in the december 31 financial statements?

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Bramble owes $2.9 million that is due on february 28. the company borrows $2,340,000 on february 25...
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