Excerpt from the Company's 2017 Q2 financial statements footnote are below: The following table provides a...
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Excerpt from the Company's 2017 Q2 financial statements footnote are below: The following table provides a summary of the Company's Notes and the fair values based on quoted market prices in less active markets as of June 30, 2017: Principal Amount Issuance Date (in millions) 3.625% Senior Notes (Footnote 1) S 4.375% Senior Notes 5.50% Senior Notes 5.875% Senior Notes 1,484.7 1,000.0 700.0 800.0 May 31, 2017 October 8, 2016 February 16, 2015 February 2, 2015 Effective Rate 4.50% 5.22% 6.00% Fair value on June 30, 2017 FINERY 1,513 1,004 762 888 The company uses fair value method to report long-term notes on the balance sheet. What is the aggregate value that the company reports as 'long-term notes, net' on its June 30, 2017 balance sheet? All the numbers on financial statements is in millions. Please follow the same denomination as stated in the notes to financial statement. In this case, all numbers are in millions, do NOT write out the last six zeroes in the final answer. Excerpt from the Company's 2017 Q2 financial statements footnote are below: The following table provides a summary of the Company's Notes and the fair values based on quoted market prices in less active markets as of June 30, 2017: Principal Amount Issuance Date (in millions) 3.625% Senior Notes (Footnote 1) S 4.375% Senior Notes 5.50% Senior Notes 5.875% Senior Notes 1,484.7 1,000.0 700.0 800.0 May 31, 2017 October 8, 2016 February 16, 2015 February 2, 2015 Effective Rate 4.50% 5.22% 6.00% Fair value on June 30, 2017 FINERY 1,513 1,004 762 888 The company uses fair value method to report long-term notes on the balance sheet. What is the aggregate value that the company reports as 'long-term notes, net' on its June 30, 2017 balance sheet? All the numbers on financial statements is in millions. Please follow the same denomination as stated in the notes to financial statement. In this case, all numbers are in millions, do NOT write out the last six zeroes in the final answer.
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The aggregate Value that company reports as long term notes ... View the full answer
Related Book For
Intermediate Accounting
ISBN: 978-0132162302
1st edition
Authors: Elizabeth A. Gordon, Jana S. Raedy, Alexander J. Sannella
Posted Date:
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