Finding total debt

[ChaoZ]

http://finance.yahoo.com/q/bs?s=ALCO&annual

In the link,
Total debt = Short/current long term debt + long term debt

So for 2006, total debt would be $64,002 right? Or does total debt the same as total liabilities?

 

[BoomerD]

Liabilities = debt IMO.

http://www.accountingglossary....inition/484-Total_Debt
"What is it? Everything a company owes. Total debt includes long-term debt and current liabilities. Investors can find it listed on the balance sheet in a company?s annual report."

 

[venkman]

i just finishied my accounting and finance finals so I wont answer this question as my brain has entered off mode.

 

[BoomerD]

Debit relaxation
Credit motivation