d. Compute the impact of the lease on the 2002 reported financ- ing cash flows of both

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d. Compute the impact of the lease on the 2002 reported financ- ing cash flows of both firms. Explain the difference.

e. Compute the impact of the lease on the 2002 reported cash flow for investing of both firms. Explain the difference.

f. Using your answers to parts through

e, compute the effect of the lease on the 2002 reported net cash flow of both firms Explain why they are identical. g. Using your answers to parts a through

f. discuss the reasons why Caramino and Aglianico opted to use different account- ing methods for the same transaction

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The Analysis And Use Of Financial Statements

ISBN: 9780471375944

3rd Edition

Authors: Gerald I. White, Ashwinpaul C. Sondhi, Haim D. Fried

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