PepsiCo, Inc., reported the following information about its long-term debt in the notes to a recent financial statement (in millions): Long-term debt is comprised of the following: December 31 Previous Year Current Year Total long term-debt Less current portion $33,284 $28,897 (4,071) (5,076) $29,213 $23,821 Long-term debt a. How much of the long-term debt was disclosed as a current liability on the current year's December 31 balance sheet? b. How much did the total current liabilities change between the preceding year and the current year as a result of the current portion of long-term debt? c. If PepsiCo did not issue additional long-term debt next year, what would be the total long-term debt on December 31 of the upcoming year?
PepsiCo, Inc., reported the following information about its long-term debt in the notes to a recent financial statement (in millions): Long-term debt is comprised of the following: December 31 Previous Year Current Year Total long term-debt Less current portion $33,284 $28,897 (4,071) (5,076) $29,213 $23,821 Long-term debt a. How much of the long-term debt was disclosed as a current liability on the current year's December 31 balance sheet? b. How much did the total current liabilities change between the preceding year and the current year as a result of the current portion of long-term debt? c. If PepsiCo did not issue additional long-term debt next year, what would be the total long-term debt on December 31 of the upcoming year?
Managerial Accounting: The Cornerstone of Business Decision-Making
7th Edition
ISBN:9781337115773
Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
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Chapter15: Financial Statement Analysis
Section: Chapter Questions
Problem 50E: Juroe Company provided the following income statement for last year: Juroes balance sheet as of...
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![PepsiCo, Inc., reported the following information about its long-term debt in the notes to
a recent financial statement (in millions):
Long-term debt is comprised of the following:
December 31
Previous Year
Current Year
Total long term-debt
Less current portion
$33,284
$28,897
(4,071)
(5,076)
$29,213
$23,821
Long-term debt
a. How much of the long-term debt was disclosed as a current liability on the current
year's December 31 balance sheet?
b. How much did the total current liabilities change between the preceding year and the
current year as a result of the current portion of long-term debt?
c. If PepsiCo did not issue additional long-term debt next year, what would be the total
long-term debt on December 31 of the upcoming year?](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F5b7231ff-5d33-434f-91b0-2c4dbad89ad7%2F0c74bd8a-f63e-4dba-98c6-9d2cfbd4495c%2F2x0c8jl.jpeg&w=3840&q=75)
Transcribed Image Text:PepsiCo, Inc., reported the following information about its long-term debt in the notes to
a recent financial statement (in millions):
Long-term debt is comprised of the following:
December 31
Previous Year
Current Year
Total long term-debt
Less current portion
$33,284
$28,897
(4,071)
(5,076)
$29,213
$23,821
Long-term debt
a. How much of the long-term debt was disclosed as a current liability on the current
year's December 31 balance sheet?
b. How much did the total current liabilities change between the preceding year and the
current year as a result of the current portion of long-term debt?
c. If PepsiCo did not issue additional long-term debt next year, what would be the total
long-term debt on December 31 of the upcoming year?
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