Question
Chapter 9 covers liabilities, including long-term notes and bonds. Notes and bonds are reported on the financials at their face amount less any unamortized discount
Chapter 9 covers liabilities, including long-term notes and bonds. Notes and bonds are reported on the financials at their face amount less any unamortized discount (or plus any unamortized premium). Review the 10-K of Starbucks (including the debt footnote) and answer the following for the most recent year ended 2014: What is the face value of Starbucks long-term debt? What amount of long-debt is reported on the balance sheet? What does the difference between these two amounts tell you?
Please provide more details in the answer. For reference please check and review the 10-K of Starbucks (including the debt footnote) and answer the following for the most recent year ended 2014.
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