Slide 10-4 Liabilities Question Devon Mfg borrows $100,000 from First Bank. The loan will be repaid in 20 years and has an annual interest rate of 8% Is this a current liability or a noncurrent liability? Irwin/McGraw-Hill ?The McGraw-Hill Companies, Inc., 1999?The McGraw-Hill Companies, Inc., 1999 Slide 10-4 Irwin/McGraw-Hill Liabilities Question Devon Mfg. borrows $100,000 from First Bank. The loan will be repaid in 20 years and has an annual interest rate of 8%. Is this a current liability or a noncurrent liability?