Look at at& t’s latest (2013) annual report.

1. how much long-term debt does it have? what is the average cost of that debt? note: don’t spend too much time looking for its cost of debt. if can’t find it after a quick search, assume 5% for the cost of debt. (already answered no need according to the at& t’s 2013 online annual report, the long-term debt for 2013 is $69,290 million or $69.29 billion and its average cost of debt is 4.5%)

2. what is the market value of its common stock?

Consider the scenario below and let us know if you believe lauren smith's actions to be ethical. let us know why or why not. lauren smith is the controller for sports central, a chain of sporting goods stores. she has been asked to recommend a site for a new store. lauren has an uncle who owns a shopping plaza in the area of town where the new store is to be located, so she decides to contact her uncle about leasing space in his plaza. lauren also contacted several other shopping plazas and malls, but her uncle’s store turned out to be the most economical place to lease. therefore, lauren recommended locating the new store in her uncle’s shopping plaza. in making her recommendation to management, she did not disclose that her uncle owns the shopping plaza. if management decided to go with lauren's uncle's plaza, what additional information would be needed in the financial statements?