Question
New lease guidance (discussed in Chapter 15) will require companies to report a liability for operating leases at present value as well as for capital
New lease guidance (discussed in Chapter 15) will require companies to report a liability for operating leases at present value as well as for capital leases (now called finance leases). If Target had used the new lease accounting guidance in its fiscal 2017 financial statements, what would be the amount reported as a liability for operating leases?
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Accounting For Decision Making And Control
Authors: Jerold Zimmerman
10th International Edition
1260565475, 9781260565478
