Refer to Research In Motions financial statements in Appendix A to answer the following 1 Identify the items, if any, that make up RIMs long term debt as reported on its balance sheet at February 27, 2010 2 Assume that RIM has $402,000 thousand in convertible debentures that carry a 2 25 contract r...

1 Research In Motions LongTerm Debt consists of NothingRIM pai ...

Refer to Research In Motions financial statements in Appendix A to answer the following. 1. Identify the

Question:

Refer to Research In Motion’s in Appendix A to answer the following.
1. Identify the items, if any, that make up RIM’s long-term debt as reported on its at February 27, 2010.
2. Assume that RIM has $402,000 thousand in convertible that carry a 2.25% contract rate of interest. How much annual cash interest must be paid on those convertible ?
3. How much cash did it generate from issuance of debt for the year-ended February 27, 2010? How much cash did it use for repayments of debt for that same year?

Debentures
Debenture DefinitionDebentures are corporate loan instruments secured against the promise by the issuer to pay interest and principal. The holder of the debenture is promised to be paid a periodic interest and principal at the term. Companies who... Financial Statements
Financial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial... 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...