Examine Note 10 to MWWs financial statements (page A-55). a. How much long-term debt did MWW have

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Examine Note 10 to MWW’s financial statements (page A-55).

a. How much long-term debt did MWW have on January 27, 2001? How much of that debt was interest-bearing?

b. What amount of principal repayments is MWW required to make in 2001, 2003, and 2005? Why and to whom might this information be useful?

c. What was the market value of MWW’s debt on January 27, 2001? Explain why the market value is different from the amount included in the balance sheet.

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