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Consider the following information about a firm in the most recent year: the firm has lease commitments for the following three years of 250, 300,

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Consider the following information about a firm in the most recent year: the firm has lease commitments for the following three years of 250, 300, and 350, respectively. Find the net income, WACC, RoE, and RoC of the firm (with no adjustment for lease expenses). Find the debt value implicit in the lease. Compute the effects of adjusting lease expenses in the book values of equity, debt, assets, and EBIT. What is your new estimate of WACC, RoC, and RoE? Adjusted assets, debt and equity are, respectively

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