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The following is the Debt Footnote from Microsoft's 2 0 2 1 1 0 - K . Using the information in the footnote, answer the
The following is the Debt Footnote from Microsoft's K
Using the information in the footnote, answer the following questions.
In Microsoft issued bonds in the face amount of $ billion. Were the bonds issued at face, a discount or a premium?
Based on your answer above, how did you determine your response?
When will the bonds issued in mature?
Will the interest expense Microsoft reports on their income statement be more or less than the cash payments made for interest on this debt?
In which section on the statement of cash flows Operating Investing, or Financing would the cash payments for interest be included?
NOTE DEBT
The components of debt were as follows:
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