Bristol-Myers Squibb Co. reports the following long-term debt as part of its MD&A in its 2012 10-K

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Bristol-Myers Squibb Co. reports the following long-term debt as part of its MD\&A in its 2012 10-K (\$ millions). image text in transcribed

a. What does this information indicate about Bristol-Myers Squibb's future payment obligations for 2013 through 2015 ?

b. What implications does this payment schedule have for our evaluation of Bristol-Myers Squibb's liquidity and solvency?

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Financial And Managerial Accounting For MBAs

ISBN: 9781618533593

6th Edition

Authors: Peter D. Easton

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Bristol-Myers Squibb Co. reports the following long-term debt as part of its MD&A in its 2012 10-K

Question:

Maturity Date Total Long-term debt ... $6,631 Obligations Expiring by Period 2013 2014 2015 2016 2017 648 27 659 750 - Later Years $4,547

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Financial And Managerial Accounting For MBAs

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