Access the april 2 2009 filing of the 10k report
Access the April 2, 2009, filing of the 10-K report of Home Depot for the year ended February 1, 2009, from www.SEC.gov (Ticker: HD). Refer to Home Depot’s balance sheet, including its Note 4 (on debt).
Required
1. Identify Home Depot’s long-term liabilities and the amounts for those liabilities from Home Depot’s balance sheet at February 1, 2009.
2. Review Home Depot’s Note 6. Among its list of long-term debt is $1,000 million of “5.20% Senior Notes; due March 1, 2011; interest payable semi-annually on March 1 and September 1.” How much cash interest must Home Depot pay each March 1 and September 1 on this specific debt?
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