Go to the Buckeye Partners, L.P. website where forms filed with the SEC are available through the Investment Center. Find Buckeye's recent annual financial statements in their most recent 10-K report for the partnership. Using the interactive data option, review the Condensed Consolidated Statement of Operations, Consolidated Balance Sheets, and the Notes to Financial Statements and answer the questions posed below. 1. When was Buckeye Partners L.P. formed? What is their main business? 2. Who are the limited partners and who are the general partners? 3. Review Buckeye's financial statements as well as the accompanying notes. List and briefly discuss information included for this partnership that would typically not appear in financial statements produced for a corporation. Also comment on similarities between Buckeye's financial statements and those of a corporation.
Go to the Buckeye Partners, L.P. website where forms filed with the SEC are available through the Investment Center. Find Buckeye's recent annual financial statements in their most recent 10-K report for the partnership. Using the interactive data option, review the Condensed Consolidated Statement of Operations, Consolidated Balance Sheets, and the Notes to Financial Statements and answer the questions posed below. 1. When was Buckeye Partners L.P. formed? What is their main business? 2. Who are the limited partners and who are the general partners? 3. Review Buckeye's financial statements as well as the accompanying notes. List and briefly discuss information included for this partnership that would typically not appear in financial statements produced for a corporation. Also comment on similarities between Buckeye's financial statements and those of a corporation.
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Transcribed Image Text:Go to the Buckeye Partners, L.P. website where forms filed with the SEC are available through
the Investment Center. Find Buckeye's recent annual financial statements in their most recent
10-K report for the partnership. Using the interactive data option, review the Condensed
Consolidated Statement of Operations, Consolidated Balance Sheets, and the Notes to Financial
Statements and answer the questions posed below.
1. When was Buckeye Partners L.P. formed? What is their main business?
2. Who are the limited partners and who are the general partners?
3. Review Buckeye's financial statements as well as the accompanying notes. List and
briefly discuss information included for this partnership that would typically not appear
in financial statements produced for a corporation. Also comment on similarities between
Buckeye's financial statements and those of a corporation.
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