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Long-term debt

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Reference no: EM13131361

Long-term debt that matures within one year and is to be converted into stock should be reported:

a. as a current liability.

b. in a special section between liabilities and stockholders' equity.

c. as noncurrent.

d. as noncurrent and accompanied with a note explaining the method to be used in its liquidation.

Please explain the answer.

Reference no: EM13131361

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