Monday, October 21, 2019

How are the corporations debt securities reported on the financial st

How are the corporations debt securities reported on the financial st How are the corporations debt securities reported on the financial statements? ACC/300 May 5, 2015 How are the corporations debt securities reported on the financial statements? Debt Securities, according to Investopedia (2015), are Any debt instrument that can be bought or sold between two parties and has basic terms defined, such as notional amount (amount borrowed), interest rate and maturity/renewal date. Debt securities for corporations include government or corporate bonds, certificates of deposit, preferred stock, collateralized securities, and zero-coupon securities (Investopedia, 2015). Corporations use debt securities to gain financing for expansion, operations, or for any other activity were the corporation needs access to cash. Starbucks has long-term and current debt listed on its balance sheet, which makes up its debt securities. The listed liabilities for Starbucks are being used for expansion into domestic and foreign markets, as while as acquisitions of other companies. Starbucks current liabilities for debt securities were $794,500,000 and its long-term liabilities for debt securities totaled $2,440,500,000. Investopedia. (2015). Debt Security. Retrieved from investopedia.com/terms/d/debtsecurity.asp

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