4. long-term loans The company has a contract with the Bank loans in the country, one of the amount of 190 million. Such loans have an interest rate of 10 per cent per year. This loan is set each master reimbursing October 31 of each year. The number of 15 million a year, equally, due to the economic crisis, the company was unable to pay back the principal due on October 31 25x1 number of 5 million. As a result, the company was considered the terms of the contract, such loans, which lenders can call the company repaid the outstanding portion of the loan all at any time. The company does not classify the loan outstanding 50 million as of December 31 is 25x1 current liabilities. The management of the company is in the process of negotiating the loans payable.
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