ACT3392SpringTraditionalHomeworkReadARPNo1solution

ACT3392SpringTraditionalHomeworkReadARPNo1solution -...

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Unformatted text preview: HOMEWORK - SPRING 2010 (0.5 point each, unless otherwise noted) Answer the following related to ConocoPhillips (C) for the year ended December 31, 200 8 . Note that you can find Cs financial statements and related footnotes on Cs web page OR on the SECs web page. (Note that you will probably find it easier to look on Cs web page.) $ amounts in millions unless otherwise noted. a. As of 12-31-08, what was Cs total debt amount? Footnote 12 $27,455 i. How much of this amount does C classify as short-term debt? Balance sheet AND footnote 12 $370 b. As of 12-31-08, what was the total debt amount excluding Cs capitalized lease obligations? Footnote 12 $27,455 - $28 = $27,427 AND Footnote 16 has $27,427 i. What is the fair value of this debt amount? Footnote 16 $26,906 c. As of 12-31-08, how much of Cs total debt was due in 2012? Footnote 12 $8,221 d. As of 12-31-08, what was Cs total asset retirement obligations and accrued environmental costs amount?As of 12-31-08, what was Cs total asset retirement obligations and accrued environmental costs amount?...
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This note was uploaded on 02/21/2011 for the course ACCT 3392 taught by Professor Dr.terpin during the Spring '10 term at Troy.

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