Question

Refer to Best Buy’s financial statements in Appendix A to answer the following.
1. Identify the items that make up Best Buy’s long-term debt at February 28, 2009. (Hint: See its note 6.)
2. How much annual cash interest must be paid on its convertible debentures assuming a 2.25% interest rate?
3. How much cash did it generate from issuance of debt for the year-ended February 28, 2009? How much cash did it use for repayments of debt for that same year?


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  • CreatedMarch 18, 2015
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