Long term liabilities Long term liabilities of a company are the monetary obligations required to be fulfilled by a company over a duration exceeding a period of one year. They comprise of Bonds Payable, Long term loans, Notes payable etc. Long term liabilities are valued at the face value of the liability and any difference between the face value or par value and the actual value payable of the long term liabilities are recorded in separate discount or premium accounts as applicable Bonds and Notes payable are long term negotiable instruments of debt issued by corporate entities to secure funds and fund either long term capital expenditure or similar long term investment opportunities. Bonds and Notes payable are accompanied by periodic interest payments. They are issued at par, at premium or at a discount. Bonds when issued at a discount represent a loss to the company since the repayment value is more than the value of the Bonds borrowed. To Determine: Home Depot’s Long term liabilities and their amounts as on February 2, 2014.

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Answer 1

Question

Chapter 14, Problem 5BTN

1)

To determine

Introduction:

Long term liabilities

Long term liabilities of a company are the monetary obligations required to be fulfilled by a company over a duration exceeding a period of one year. They comprise of Bonds Payable, Long term loans, Notes payable etc.

Long term liabilities are valued at the face value of the liability and any difference between the face value or par value and the actual value payable of the long term liabilities are recorded in separate discount or premium accounts as applicable

Bonds and Notes payable are long term negotiable instruments of debt issued by corporate entities to secure funds and fund either long term capital expenditure or similar long term investment opportunities.

Bonds and Notes payable are accompanied by periodic interest payments. They are issued at par, at premium or at a discount. Bonds when issued at a discount represent a loss to the company since the repayment value is more than the value of the Bonds borrowed.

To Determine:

Home Depot’s Long term liabilities and their amounts as on February 2, 2014.

2)

To determine

Introduction:

Long term liabilities

Long term liabilities of a company are the monetary obligations required to be fulfilled by a company over a duration exceeding a period of one year. They comprise of Bonds Payable, Long term loans, Notes payable etc.

Long term liabilities are valued at the face value of the liability and any difference between the face value or par value and the actual value payable of the long term liabilities are recorded in separate discount or premium accounts as applicable

Bonds and Notes payable are long term negotiable instruments of debt issued by corporate entities to secure funds and fund either long term capital expenditure or similar long term investment opportunities.

Bonds and Notes payable are accompanied by periodic interest payments. They are issued at par, at premium or at a discount. Bonds when issued at a discount represent a loss to the company since the repayment value is more than the value of the Bonds borrowed.

To Determine:

Why home Depot would issue Notes of $3 Billion for only $2.958 Billion

Interest payable on these Notes every June 16 and December 16

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Students have asked these similar questions

Larson Industries has sales of $75,000, a beginning inventory of $8,000, purchases of $40,000, and an ending inventory of $5,000. What is the cost of goods sold (COGS)? (a) $43,000 (b) $35,000 (c) $40,000 (d) $45,000

managerial accounting

What is the cost of goods sold?

Answer 2

Question

Chapter 14, Problem 5BTN

1)

To determine

Introduction:

Long term liabilities

Long term liabilities of a company are the monetary obligations required to be fulfilled by a company over a duration exceeding a period of one year. They comprise of Bonds Payable, Long term loans, Notes payable etc.

Long term liabilities are valued at the face value of the liability and any difference between the face value or par value and the actual value payable of the long term liabilities are recorded in separate discount or premium accounts as applicable

Bonds and Notes payable are long term negotiable instruments of debt issued by corporate entities to secure funds and fund either long term capital expenditure or similar long term investment opportunities.

Bonds and Notes payable are accompanied by periodic interest payments. They are issued at par, at premium or at a discount. Bonds when issued at a discount represent a loss to the company since the repayment value is more than the value of the Bonds borrowed.

To Determine:

Home Depot’s Long term liabilities and their amounts as on February 2, 2014.

2)

To determine

Introduction:

Long term liabilities

Long term liabilities of a company are the monetary obligations required to be fulfilled by a company over a duration exceeding a period of one year. They comprise of Bonds Payable, Long term loans, Notes payable etc.

Long term liabilities are valued at the face value of the liability and any difference between the face value or par value and the actual value payable of the long term liabilities are recorded in separate discount or premium accounts as applicable

Bonds and Notes payable are long term negotiable instruments of debt issued by corporate entities to secure funds and fund either long term capital expenditure or similar long term investment opportunities.

Bonds and Notes payable are accompanied by periodic interest payments. They are issued at par, at premium or at a discount. Bonds when issued at a discount represent a loss to the company since the repayment value is more than the value of the Bonds borrowed.

To Determine:

Why home Depot would issue Notes of $3 Billion for only $2.958 Billion

Interest payable on these Notes every June 16 and December 16

Expert Solution & Answer

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Check out a sample textbook solution

See solution

Answer 3

Question

Chapter 14, Problem 5BTN

1)

To determine

Introduction:

Long term liabilities

Long term liabilities of a company are the monetary obligations required to be fulfilled by a company over a duration exceeding a period of one year. They comprise of Bonds Payable, Long term loans, Notes payable etc.

Long term liabilities are valued at the face value of the liability and any difference between the face value or par value and the actual value payable of the long term liabilities are recorded in separate discount or premium accounts as applicable

Bonds and Notes payable are long term negotiable instruments of debt issued by corporate entities to secure funds and fund either long term capital expenditure or similar long term investment opportunities.

Bonds and Notes payable are accompanied by periodic interest payments. They are issued at par, at premium or at a discount. Bonds when issued at a discount represent a loss to the company since the repayment value is more than the value of the Bonds borrowed.

To Determine:

Home Depot’s Long term liabilities and their amounts as on February 2, 2014.

2)

To determine

Introduction:

Long term liabilities

Long term liabilities of a company are the monetary obligations required to be fulfilled by a company over a duration exceeding a period of one year. They comprise of Bonds Payable, Long term loans, Notes payable etc.

Long term liabilities are valued at the face value of the liability and any difference between the face value or par value and the actual value payable of the long term liabilities are recorded in separate discount or premium accounts as applicable

Bonds and Notes payable are long term negotiable instruments of debt issued by corporate entities to secure funds and fund either long term capital expenditure or similar long term investment opportunities.

Bonds and Notes payable are accompanied by periodic interest payments. They are issued at par, at premium or at a discount. Bonds when issued at a discount represent a loss to the company since the repayment value is more than the value of the Bonds borrowed.

To Determine:

Why home Depot would issue Notes of $3 Billion for only $2.958 Billion

Interest payable on these Notes every June 16 and December 16

Expert Solution & Answer

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See solution

Answer 4

Question

Chapter 14, Problem 5BTN

1)

To determine

Introduction:

Long term liabilities

Long term liabilities of a company are the monetary obligations required to be fulfilled by a company over a duration exceeding a period of one year. They comprise of Bonds Payable, Long term loans, Notes payable etc.

Long term liabilities are valued at the face value of the liability and any difference between the face value or par value and the actual value payable of the long term liabilities are recorded in separate discount or premium accounts as applicable

Bonds and Notes payable are long term negotiable instruments of debt issued by corporate entities to secure funds and fund either long term capital expenditure or similar long term investment opportunities.

Bonds and Notes payable are accompanied by periodic interest payments. They are issued at par, at premium or at a discount. Bonds when issued at a discount represent a loss to the company since the repayment value is more than the value of the Bonds borrowed.

To Determine:

Home Depot’s Long term liabilities and their amounts as on February 2, 2014.

2)

To determine

Introduction:

Long term liabilities

Long term liabilities of a company are the monetary obligations required to be fulfilled by a company over a duration exceeding a period of one year. They comprise of Bonds Payable, Long term loans, Notes payable etc.

Long term liabilities are valued at the face value of the liability and any difference between the face value or par value and the actual value payable of the long term liabilities are recorded in separate discount or premium accounts as applicable

Bonds and Notes payable are long term negotiable instruments of debt issued by corporate entities to secure funds and fund either long term capital expenditure or similar long term investment opportunities.

Bonds and Notes payable are accompanied by periodic interest payments. They are issued at par, at premium or at a discount. Bonds when issued at a discount represent a loss to the company since the repayment value is more than the value of the Bonds borrowed.

To Determine:

Why home Depot would issue Notes of $3 Billion for only $2.958 Billion

Interest payable on these Notes every June 16 and December 16

Expert Solution & Answer

Want to see the full answer?

Check out a sample textbook solution

See solution

Answer 5

Chapter 14, Problem 5BTN

1)

To determine

Introduction:

Long term liabilities

Long term liabilities of a company are the monetary obligations required to be fulfilled by a company over a duration exceeding a period of one year. They comprise of Bonds Payable, Long term loans, Notes payable etc.

Long term liabilities are valued at the face value of the liability and any difference between the face value or par value and the actual value payable of the long term liabilities are recorded in separate discount or premium accounts as applicable

Bonds and Notes payable are long term negotiable instruments of debt issued by corporate entities to secure funds and fund either long term capital expenditure or similar long term investment opportunities.

Bonds and Notes payable are accompanied by periodic interest payments. They are issued at par, at premium or at a discount. Bonds when issued at a discount represent a loss to the company since the repayment value is more than the value of the Bonds borrowed.

To Determine:

Home Depot’s Long term liabilities and their amounts as on February 2, 2014.

2)

To determine

Introduction:

Long term liabilities

Long term liabilities of a company are the monetary obligations required to be fulfilled by a company over a duration exceeding a period of one year. They comprise of Bonds Payable, Long term loans, Notes payable etc.

Long term liabilities are valued at the face value of the liability and any difference between the face value or par value and the actual value payable of the long term liabilities are recorded in separate discount or premium accounts as applicable

Bonds and Notes payable are long term negotiable instruments of debt issued by corporate entities to secure funds and fund either long term capital expenditure or similar long term investment opportunities.

Bonds and Notes payable are accompanied by periodic interest payments. They are issued at par, at premium or at a discount. Bonds when issued at a discount represent a loss to the company since the repayment value is more than the value of the Bonds borrowed.

To Determine:

Why home Depot would issue Notes of $3 Billion for only $2.958 Billion

Interest payable on these Notes every June 16 and December 16

Answer 6

Chapter 14, Problem 5BTN

1)

To determine

Introduction:

Long term liabilities

Long term liabilities of a company are the monetary obligations required to be fulfilled by a company over a duration exceeding a period of one year. They comprise of Bonds Payable, Long term loans, Notes payable etc.

Long term liabilities are valued at the face value of the liability and any difference between the face value or par value and the actual value payable of the long term liabilities are recorded in separate discount or premium accounts as applicable

Bonds and Notes payable are long term negotiable instruments of debt issued by corporate entities to secure funds and fund either long term capital expenditure or similar long term investment opportunities.

Bonds and Notes payable are accompanied by periodic interest payments. They are issued at par, at premium or at a discount. Bonds when issued at a discount represent a loss to the company since the repayment value is more than the value of the Bonds borrowed.

To Determine:

Home Depot’s Long term liabilities and their amounts as on February 2, 2014.

Answer 7

Chapter 14, Problem 5BTN

1)

To determine

Introduction:

Long term liabilities

Long term liabilities of a company are the monetary obligations required to be fulfilled by a company over a duration exceeding a period of one year. They comprise of Bonds Payable, Long term loans, Notes payable etc.

Long term liabilities are valued at the face value of the liability and any difference between the face value or par value and the actual value payable of the long term liabilities are recorded in separate discount or premium accounts as applicable

Bonds and Notes payable are long term negotiable instruments of debt issued by corporate entities to secure funds and fund either long term capital expenditure or similar long term investment opportunities.

Bonds and Notes payable are accompanied by periodic interest payments. They are issued at par, at premium or at a discount. Bonds when issued at a discount represent a loss to the company since the repayment value is more than the value of the Bonds borrowed.

To Determine:

Home Depot’s Long term liabilities and their amounts as on February 2, 2014.

Answer 8

2)

To determine

Introduction:

Long term liabilities

Long term liabilities of a company are the monetary obligations required to be fulfilled by a company over a duration exceeding a period of one year. They comprise of Bonds Payable, Long term loans, Notes payable etc.

Long term liabilities are valued at the face value of the liability and any difference between the face value or par value and the actual value payable of the long term liabilities are recorded in separate discount or premium accounts as applicable

Bonds and Notes payable are long term negotiable instruments of debt issued by corporate entities to secure funds and fund either long term capital expenditure or similar long term investment opportunities.

Bonds and Notes payable are accompanied by periodic interest payments. They are issued at par, at premium or at a discount. Bonds when issued at a discount represent a loss to the company since the repayment value is more than the value of the Bonds borrowed.

To Determine:

Why home Depot would issue Notes of $3 Billion for only $2.958 Billion

Interest payable on these Notes every June 16 and December 16

Answer 9

2)

To determine

Introduction:

Long term liabilities

Long term liabilities of a company are the monetary obligations required to be fulfilled by a company over a duration exceeding a period of one year. They comprise of Bonds Payable, Long term loans, Notes payable etc.

Long term liabilities are valued at the face value of the liability and any difference between the face value or par value and the actual value payable of the long term liabilities are recorded in separate discount or premium accounts as applicable

Bonds and Notes payable are long term negotiable instruments of debt issued by corporate entities to secure funds and fund either long term capital expenditure or similar long term investment opportunities.

Bonds and Notes payable are accompanied by periodic interest payments. They are issued at par, at premium or at a discount. Bonds when issued at a discount represent a loss to the company since the repayment value is more than the value of the Bonds borrowed.

To Determine:

Why home Depot would issue Notes of $3 Billion for only $2.958 Billion

Interest payable on these Notes every June 16 and December 16

Answer 10

Expert Solution & Answer

Answer 11

Expert Solution & Answer

Answer 12

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Answer 13

Ch. 14 - Prob. 1DQ Ch. 14 - Prob. 2DQ Ch. 14 - Prob. 3DQ Ch. 14 - Prob. 4DQ Ch. 14 - Prob. 5DQ Ch. 14 - Prob. 6DQ Ch. 14 - Prob. 7DQ Ch. 14 - Prob. 8DQ Ch. 14 - Prob. 9DQ Ch. 14 - Prob. 10DQ

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Chapter 14 Solutions