Tag Archives: accrued interest

How does Amazon’s redemption of its notes payable impact its financial statements?

Amazon.com (NASDAQ: AMZN) recently redeemed $1 billion of its 2.6% notes payable one month before the maturity date. “Redeemed” means that Amazon paid cash to the note holders for the principal amount of the notes and the interest accrued up to the redemption date. Questions Assume that, on the date of redemption, it had been […]

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