What are implications of information for borders liquidity

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Question- In its 2013 annual report to shareholders, Border Airlines Inc. presented the following balance sheet information about its liabilities: Image In addition, Border presented the following among its note disclosures: Maturities of long-term debt (including sinking fund requirements) for the next five years are: 2014 - $421 million; 2015 - $212 million; 2016 - $273 million; 2017 - $1.0 billion; 2018 - $777 million.

Required: Consider the appropriate classification of these long-term debt obligations. Assuming no more long-term debt will be issued, what are the implications of the information above for Border's liquidity and solvency risk in 2013 and the following years?

Reference no: EM13844528

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