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Business, 19.01.2021 04:30 naomiedgrey

Oriole owes $3.4 million that is due on February 28. The company borrows $2670000 on February 25 (5-year note) and uses the proceeds to pay down the $3.4 million note and uses other cash to pay the balance. How much of the $3.4 million note is classified as long-term in the December 31 financial statements

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Oriole owes $3.4 million that is due on February 28. The company borrows $2670000 on February 25 (5-...
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