Question
Part Two: Select a public company that interests you. Obtain the companys most recent annual report on Form 10-K. The Form 10-K is a companys
Part Two: Select a public company that interests you. Obtain the companys most recent annual report on Form 10-K. The Form 10-K is a companys annually required filing with the Securities and Exchange Commission (SEC). It includes the companys financial statements and accompanying notes. The Form 10-K can be obtained either (a) by referring to the investor relations section of the companys website or (b) by using the company search feature of the SECs EDGAR database service found at www.sec.gov/edgar/searchedgar/companysearch.html.
1. Based on the information in the companys most recent annual report, answer the following questions: a. How much long-term debt does the company report at the end of the most recent year presented? b. Does the company have any bonds outstanding at the end of the most recent year? If so, read the supporting notes to the financial statements and determine the following: (1) The contract rate of interest on the bond issues(s) (2) The discount or premium on the bond issue(s) (3) The due date of the bond issue(s) (4) The total amount of any bonds that will mature within one year of the balance sheet date
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