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closer pictures of the numbers Analyzing and Interpreting Lease Footnote Disclosures The Gap inc discloses the following schedule to its fiscal 2015 ended January 30,
closer pictures of the numbers
Analyzing and Interpreting Lease Footnote Disclosures The Gap inc discloses the following schedule to its fiscal 2015 ended January 30, 2010) 10K portreting to its leasing to its beasing activities The aggregate minimum noncancelable annual lease payments under leases in effect on way 30, 2016, are as follows: Fiscal Year (5 millions 2016 $1455 2017 2018 245 2019 1.121 2020 There 2018 Total minimum lease comments 19.00 Compute the present value of GAP's operating teases using a 6 discount rate and found the cemaining lease term to the nearest whole year Round each answer to the nearest whole number, Smillion Present Value 1 Year 2 Yea Year Yes Alters mam 7 Previous Save Answers pay Fiscal Year ($ millions) 2016 $1,435 2017 1,398 2018 1,246 2019 1,121 2020 982 Thereafter 3,018 Total minimum lease commitments $9,200 Compute the present value of GAP's operating leases using Round each answer to the nearest whole number. $ million Present Value Year 1 $ 0 Year 2 0 Year 3 0 411 Year 4 0 Year 5 0 After 5 0 Team i 27 28 $ 0 Step by Step Solution
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