Explain if the interest rate in the market was higher or lower than that of the bonds
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Explain if the interest rate in the market was higher or lower than that of the bonds when they were issued by the company.
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Consolidated Balance Sheets - USD ($) Jan. 30, 2022 Jan. 31, 2021 $ in Millions Current assets: Cash and cash equivalents Receivables, net Merchandise inventories Other current assets Total current assets Net property and equipment Operating lease right-of-use assets Goodwill Other assets Total assets Current liabilities: Short-term debt Accounts payable Accrued salaries and related expenses Sales taxes payable Deferred revenue Income taxes payable Current installments of long-term debt Current operating lease liabilities Other accrued expenses Total current liabilities Long-term debt, excluding current installments Long-term operating lease liabilities Deferred income taxes Other long-term liabilities Total liabilities Common stock, par value $0.05; authorized: 10,000 shares; issued: 1,792 shares at January 30, 2022 and 1,789 shares at January 31, 2021; outstanding: 1,035 shares at January 30, 2022 and 1,077 shares at January 31, 2021 Paid-in capital Retained earnings Accumulated other comprehensive loss Treasury stock, at cost, 757 shares at January 30, 2022 and 712 shares at January 31, 2021 Total stockholders' (deficit) equity Total liabilities and stockholders' equity $ 2,343 3,426 22,068 1,218 29,055 25,199 5,968 7,449 4,205 71,876 1,035 13,462 2,426 848 3,596 158 2,447 830 3,891 28,693 36,604 5,353 2,013 73,572 90 12,132 67,580 (704) (80,794) (1,696) $ 71,876 $ 7,895 2,992 16,627 963 28,477 24,705 5,962 7,126 4,311 70,581 0 11,606 2,463 774 2,823 193 1,416 828 3,063 23,166 35,822 5,356 131 1,807 67,282 89 11,540 58,134 (671) (65,793) 3,299 $ 70,581 Consolidated Balance Sheets - USD ($) Jan. 30, 2022 Jan. 31, 2021 $ in Millions Current assets: Cash and cash equivalents Receivables, net Merchandise inventories Other current assets Total current assets Net property and equipment Operating lease right-of-use assets Goodwill Other assets Total assets Current liabilities: Short-term debt Accounts payable Accrued salaries and related expenses Sales taxes payable Deferred revenue Income taxes payable Current installments of long-term debt Current operating lease liabilities Other accrued expenses Total current liabilities Long-term debt, excluding current installments Long-term operating lease liabilities Deferred income taxes Other long-term liabilities Total liabilities Common stock, par value $0.05; authorized: 10,000 shares; issued: 1,792 shares at January 30, 2022 and 1,789 shares at January 31, 2021; outstanding: 1,035 shares at January 30, 2022 and 1,077 shares at January 31, 2021 Paid-in capital Retained earnings Accumulated other comprehensive loss Treasury stock, at cost, 757 shares at January 30, 2022 and 712 shares at January 31, 2021 Total stockholders' (deficit) equity Total liabilities and stockholders' equity $ 2,343 3,426 22,068 1,218 29,055 25,199 5,968 7,449 4,205 71,876 1,035 13,462 2,426 848 3,596 158 2,447 830 3,891 28,693 36,604 5,353 2,013 73,572 90 12,132 67,580 (704) (80,794) (1,696) $ 71,876 $ 7,895 2,992 16,627 963 28,477 24,705 5,962 7,126 4,311 70,581 0 11,606 2,463 774 2,823 193 1,416 828 3,063 23,166 35,822 5,356 131 1,807 67,282 89 11,540 58,134 (671) (65,793) 3,299 $ 70,581
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Related Book For
Auditing An International Approach
ISBN: 978-0071051415
6th edition
Authors: Wally J. Smieliauskas, Kathryn Bewley
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