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Biotech / Medical : New Brunswick Scientific Co., Inc. (NBSC)
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To: tom pope who wrote (205)11/15/2000 12:47:53 PM
From: Biomaven  Read Replies (1) of 724
 
tom,

As I understand it (but I'm not an accountant), something has to appear in current liabilities if it requires the use of a current asset (or a new current liability) to extinguish it in the coming year. As the RC isn't due within a year, it apparently isn't considered a current liability.

Peter
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