Notes to financial statements cover disclosures about operating leases, including minimum rental commitments,disclosed by year for the

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Notes to financial statements cover disclosures about operating leases, including minimum rental commitments,disclosed by year for the ensuing five years, and in the aggregate for later years.How should a financial analyst use this supplementary (note) information when evaluating a firm’s total debt? If you consider operating leases to be components of a firm’s total debt, should the related amounts be reported in the body of the financial statements? Discuss. LO68

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Financial Accounting Reporting And Analysis

ISBN: 9780324149999

6th Edition

Authors: Earl K. Stice, James Stice, Michael Diamond, James D. Stice

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