Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Access the March 22, 2012, filing of the 10-K report of Home Depot for the year ended January 31, 2012, from http://www.SEC.gov (Ticker: HD). Refer

image text in transcribed

Access the March 22, 2012, filing of the 10-K report of Home Depot for the year ended January 31, 2012, from http://www.SEC.gov (Ticker: HD). Refer to Home Depot's balance sheet, including its note 4 (on debt). Identify Home Depot's long-term liabilities and the amounts for those liabilities from Home Depot's balance sheet at January 31, 2012. Review Home Depot's note 4. The note reports that as of January 31, 2012, it had $2,961 billion of "5.875% Senior Notes; due December 16, 2036; interest payable semiannually on June 16 and December 16." These notes have a face value of $3.0 billion and were originally issued at $2,958 billion. Why would Home Depot issue $3.0 billion of its notes for only $2,958 billion? How much cash interest must Home Depot pay each June 16 and December 16 on these notes? Access the March 22, 2012, filing of the 10-K report of Home Depot for the year ended January 31, 2012, from http://www.SEC.gov (Ticker: HD). Refer to Home Depot's balance sheet, including its note 4 (on debt). Identify Home Depot's long-term liabilities and the amounts for those liabilities from Home Depot's balance sheet at January 31, 2012. Review Home Depot's note 4. The note reports that as of January 31, 2012, it had $2,961 billion of "5.875% Senior Notes; due December 16, 2036; interest payable semiannually on June 16 and December 16." These notes have a face value of $3.0 billion and were originally issued at $2,958 billion. Why would Home Depot issue $3.0 billion of its notes for only $2,958 billion? How much cash interest must Home Depot pay each June 16 and December 16 on these notes

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Auditing Corporate Surveillance Systems Research Methods For Greater Transparency

Authors: Isabel Wagner

1st Edition

1108837662, 978-1108837668

More Books

Students also viewed these Accounting questions