d. Describe the adjustment to the company's 1999 free cash flows that should be made for the

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d. Describe the adjustment to the company's 1999 free cash flows that should be made for the capital lease.

e. Assuming that the lease was reported as an operating lease, determine. (i) Lease expense for 1999 (ii) The effect on the cash flow statement

f. Estimate the interest rate that Liberty used for its capital lease using both methods described in the chapter. Compare your results. (Note: Your estimate using the MLPs should use the lease term calculated in part b.)

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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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Question Posted: Jul 29, 2024 09:02 AM

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d. Describe the adjustment to the company's 1999 free cash flows that should be made for the

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The Analysis And Use Of Financial Statements

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