1.What other information would you have wanted to know about home and office city's "Capital Lease obligations" when making an assessment of the company's overall liquidity and leverage? 2.Regarding the "Installment Notes Payable", what is meant by "interest imputed at rates between 5.2% and 10%? 3. Why do you suppose that Home and Office Citys Unsecured Bank Loan was immaterial in relation to the companys total long-term debt? 4.Ask one more question about this analysis by self.

Analysis of long-term debt Assume that Home and Office City, Inc., provided the following comparative data concerning long-term debt in the notes to its 2017 annual report (amounts in millions): December 31, 2017 December 31, 2016 $1,103 500 - 246 216 180 344% Convertible Subordinated Notes, due October 1, 2018; converted into shares of common stock of the Company at a conversion price of $15.3611 per share in October 2017 695% Senior Notes, due September 15, 2021; interest payable semiannually on March 15 and September 15 beginning in 2017 ..... Commercial Paper; weighted average interest rate of 4.8% at January 1, 2016... Capital Lease Obligations; payable in varying installments through January 31, 2044.. Installment Notes Payable; interest imputed at rates between 5.2% and 10.0%; payable in varying installments through 2035 Unsecured Bank Loan; fioating interest rate averaging 6.05% in fiscal 2017 and 5.90% in fiscal 2016; payable in August 2019.... Variable-Rate Industrial Revenue Bonds; secured by letters of credit or land; interest rates averaging 2.9% during fiscal 2017 and 3.8% during fiscal 2016; payable in varying installments through 2027 Total long-term debt. Less current installments Long-term debt, excluding current installments 45 27 15 15 3 $779 29 $1,580 14 $750 $1,566