On September 1, 2024, Venetian Airlines borrows $39.8 million, of which $7.6 million is due next year. Show how Venetian Airlines would report the $39.8 million debt on its December 31, 2024, balance sheet. (Enter your answers in dollars, not millions. For example, $5.5 million should be entered as 5,500,000.)

On September 1, 2024, Venetian Airlines borrows $39.8 million, of which $7.6 million is due next year. Show how Venetian Airlines would report the $39.8 million debt on its December 31, 2024, balance sheet. (Enter your answers in dollars, not millions. For example, $5.5 million should be entered as 5,500,000.)

EBK CONTEMPORARY FINANCIAL MANAGEMENT

14th Edition

ISBN:9781337514835

Author:MOYER

Publisher:MOYER

Chapter16: Working Capital Policy And Short-term Financing

Section: Chapter Questions

Problem 14P

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