Current portion of long-term debt PepsiCo, Inc. (PEP) reported the following information about its long-term debt in the notes to a recent financial statement (in millions): Long-term debt consists of the following: Total long term-debt. Current portion December 31 Current Year $29,148 (2,848) $26,300 December 31 Preceding Year $28,295 (3,953) $24,342 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? $ million 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? million 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? million Current portion of long-term debt PepsiCo, Inc. (PEP) reported the following information about its long-term debt in the notes to a recent financial statement (in millions): Long-term debt consists of the following: December 31 Current Year Total long term debt Current portion $29,140 (2,048) December 31 Preceding Year $28,205 (2,953) $24,342 C Long-term debt $26,300 a. How much of the long term debt was disclosed as a current liability on the current year's December 31 balance sheet? million b. How much did the total current liabilities change between the preceding year milion c. If PepsiCe did not issue additional long-term debt next year, what would be million rent portion of long-term debt? -term debt on December 31 of the upcoming year?
Current portion of long-term debt PepsiCo, Inc. (PEP) reported the following information about its long-term debt in the notes to a recent financial statement (in millions): Long-term debt consists of the following: Total long term-debt. Current portion December 31 Current Year $29,148 (2,848) $26,300 December 31 Preceding Year $28,295 (3,953) $24,342 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? $ million 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? million 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? million Current portion of long-term debt PepsiCo, Inc. (PEP) reported the following information about its long-term debt in the notes to a recent financial statement (in millions): Long-term debt consists of the following: December 31 Current Year Total long term debt Current portion $29,140 (2,048) December 31 Preceding Year $28,205 (2,953) $24,342 C Long-term debt $26,300 a. How much of the long term debt was disclosed as a current liability on the current year's December 31 balance sheet? million b. How much did the total current liabilities change between the preceding year milion c. If PepsiCe did not issue additional long-term debt next year, what would be million rent portion of long-term debt? -term debt on December 31 of the upcoming year?
Century 21 Accounting Multicolumn Journal
11th Edition
ISBN:9781337679503
Author:Gilbertson
Publisher:Gilbertson
Chapter18: Acquiring Capital For Growth And Development
Section18.2: Long-term Debt Financing
Problem 1OYO
Related questions
Question
Transcribed Image Text:Current portion of long-term debt PepsiCo, Inc. (PEP) reported the following information about its long-term debt in
the notes to a recent financial statement (in millions): Long-term debt consists of the following: Total long term-debt
Current portion December 31 Current Year $29,148 (2,848) $26,300 December 31 Preceding Year $28,295 (3,953)
$24,342 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? $ million 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? million 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? million
Current portion of long-term debt
PepsiCo, Inc. (PEP) reported the following information about its long-term debt in the notes to a recent financial statement (in millions):
Long-term debt consists of the following:
December 31
Current Year
Total long term debt
Current portion
$29,148
(2,848)
$26,300
December 31
Preceding Year
$28,295
(3,953)
Long-term debt
$24,342
a. How much of the long-term debt was disclosed as a current liability on the current year's December 31 balance sheet?
$
million
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-terms debt?
million
Show Transcribed Text
c. If Pepsice did not issue additional long-term debt next year, what would be the total long-term debit on December 31 of the upcoming year?
million
$
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 3 steps with 2 images
Recommended textbooks for you
Century 21 Accounting Multicolumn Journal
Accounting
ISBN:
9781337679503
Author:
Gilbertson
Publisher:
Cengage
Century 21 Accounting Multicolumn Journal
Accounting
ISBN:
9781337679503
Author:
Gilbertson
Publisher:
Cengage
Cornerstones of Financial Accounting
Accounting
ISBN:
9781337690881
Author:
Jay Rich, Jeff Jones
Publisher:
Cengage Learning
Principles of Accounting Volume 1
Accounting
ISBN:
9781947172685
Author:
OpenStax
Publisher:
OpenStax College