On December 31, 2016, the Wagner Company had the following liabilities:

On December 31, Wagner signed a binding agreement with its bank to refinance the 12% note through February 14, 2019, at a variable interest rate.
What is the amount of Wagner's current liabilities on December 31, 2016?

Question

On December 31, 2016, the Wagner Company had the following liabilities:
 
On December 31, Wagner signed a binding agreement with its bank to refinance the 12% note through February 14, 2019, at a variable interest rate.
What is the amount of Wagner's current liabilities on December 31, 2016?

Quizplus · Accepted Answer

The Answer of On December 31, 2016, the Wagner Company had the following liabilities:
 
On December 31, Wagner signed a binding agreement with its bank to refinance the 12% note through February 14, 2019, at a variable interest rate.
What is the amount of Wagner's current liabilities on December 31, 2016?

On December 31, 2016, the Wagner Company Had the Following