Review the consolidated balance sheets of Backkus Metal Company.
REQUIRED:
1) Which long-term liability would also be listed in the short-term liability section? Why?
2) What percent of the total liabilities for 2015 and 2014 are long-term liabilities? What implication does this have?

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The Answer of Review the consolidated balance sheets of Backkus Metal Company.
REQUIRED:
1) Which long-term liability would also be listed in the short-term liability section? Why?
2) What percent of the total liabilities for 2015 and 2014 are long-term liabilities? What implication does this have?

Review the Consolidated Balance Sheets of Backkus Metal Company