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A Disclosure Note in the Annual Financial Statements of Macy's

question 128

Essay

A disclosure note in the annual financial statements of Macy's Inc. for the fiscal year ended January 31, 2013, included the following:
"Future maturities of long-term debt, other than capitalized leases and premium on acquired debt, are shown below:"
For how many years subsequent to the current year must Macy's report these amounts? Name at least two other items that must be disclosed for a company's long-term debt.


Definitions:

Job Evaluation

The process of determining the relative value and importance of jobs within an organization to establish fair compensation levels.

Base Pay

The initial rate of compensation an employee receives, not including overtime, bonuses, or other additional payments.

Output

The amount of product or work produced by a company, employee, or process within a specific period.

Performance

The level of output or efficiency at which tasks and activities are accomplished, often measured against predetermined standards or objectives.

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