Multiple Choice
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
Correct Answer:

Verified
Correct Answer:
Verified
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