Each of the Following Must Be Disclosed in the Financial

Multiple Choice

Each of the following must be disclosed in the financial statements, except:

A) The total amounts of long-term debt maturing in each of the next five years.
B) The company's debt ratio and interest coverage ratio for the current year.
C) Loss contingencies, when a reasonable possibility exists that a material loss has been incurred.
D) The fair value of long-term liabilities, when this value is significantly different from the amount shown in the balance sheet.