Access the April 2, 2009, filing of the 10-K report of Home Depot for the year ended
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1. Identify Home Depot’s long-term liabilities and the amounts for those liabilities from Home Depot’s balance sheet at February 1, 2009.
2. Review Home Depot’s Note 6. Among its list of long-term debt is $1,000 million of “5.20% Senior Notes; due March 1, 2011; interest payable semi-annually on March 1 and September 1.” How much cash interest must Home Depot pay each March 1 and September 1 on this specific debt?
Balance Sheet
Balance sheet is a statement of the financial position of a business that list all the assets, liabilities, and owner’s equity and shareholder’s equity at a particular point of time. A balance sheet is also called as a “statement of financial...
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