Solved

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

Question 96

Multiple Choice

On December 31, 2016, the Wagner Company had the following liabilities:
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? A)  $150,000 B)  $190,000 C)  $230,000 D)  $260,000
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?


A) $150,000
B) $190,000
C) $230,000
D) $260,000

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions