could I get an answer and explanation please The following note on long-term debt...
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could I get an answer and explanation please
The following note on long-term debt is excerpted from Amazon's 2021 annual report which was issued in February, 2022. AMAZON.COM, INC. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS Note 6 -DEBT (in millions) (1) Interest on the Bonds and Notes is payable semi-annually. Which of the following statements is most likely to be incorrect? Effective interest rates are also called as market interest rates. Stated interest rates can also be called as contract interest rates. Amazon should report $50,553 for Long-Term Debt on its 12/31/2021 Balance Sheet. Effective interest rates for a company's long-term bondsotes are likely to differ from their state interest rates
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could I get an answer and explanation please