Debt and Equity Characteristics
Please help me for this assignment,
look at the most recent Balance Sheets and the Notes to the Financial Statements for Coca Cola and Walt Disney and Compare and contrast the characteristics of the debt and equity instruments used by the two selected companies.(500 words)
http://corporate.disney.go.com/media/investors/form_10q_q1_fy2009.pdf© SolutionLibrary Inc. solutionlibary.com 9836dcf9d7 https://solutionlibrary.com/business/finance/debt-and-equity-characteristics-7g8m
...ng term liabilities of $3770. Its consolidated borrowings are at $16003 m, The company has done borrowings from:
Commercial paper borrowings :$ 2,672
U.S. medium-term notes : 7,871
European medium-term notes : 346
Capital Cities/ABC debt: 177
Film financing: 303
Euro Disney borrowings : 2,326
Hong Kong Disneyland borrowings: 894
Total: $ 16,003
Hence its major borrowings are from Commercial paper and US medium term notes.
As per its annual report, During the quarter ended December 27, 2008, the Company repurchased 3 million shares for approximately $104 million. As of December 27, 2008, the Company had remaining authorization in place to repurchase approximately 180 million additional shares. The repurchase program does not have an expiration date. The Company also has 1.0 billion shares of Internet Group Stock at $.01 par value authorized. No shares are issued or outstanding.
The company's total equity is at $32655 mn
As per msn.com, "The Coca-Cola Company is a manufacturer, distributor and marketer of nonalcoholic beverage concentrates and syrups in the world. Finished beverage products bearing its trademarks are sold in more than 200 countries. The Company markets ...