Question
Blasfield and Associates, reports the following operating lease payments in its 2017 annual report. Calculate the present value of operating lease payments using a discount
Blasfield and Associates, reports the following operating lease payments in its 2017 annual report. Calculate the present value of operating lease payments using a discount rate of 10%.
| Fiscal year | Operating leases |
| 2018 | $3,436,000 |
| 2019 | 2,438,000 |
| 2020 | 2,348,000 |
| 2021 | 1,994,000 |
| 2022 | 952,000 |
| Net minimum lease payments | $11,168,000 |
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Performance Audit In The Face Of The Financial And Economic Crisis Application Of The Quality Control Appropriate To The Risks
Authors: Laureano Triana Rubio
1st Edition
6203482390, 978-6203482393
