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I am confused on the answer to #1, the answer is = to what?
I am confused on the answer to #1, the answer is = to what?
Original question:
Lockheed Martin Corporation (NYSE: LMT; Bethesda, MD) describes itself as "a global security and aerospace company principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services," with its principal customers being agencies of the U.S. Government. On the next two pages are Lockheed Martin's Consolidated Statements of Earnings, Comprehensive Income, and Balance Sheets, along with the Long-Term Debt footnote, excerpted from the its 2014 10-K. (You will not need to supplement with outside sources of company data in order to answer the questions.)
- What is the principal or face value of Lockheed Martin's long-term debt?
