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Tau Media has operating leases with annual payments of $300,000. If the lease term is 10 years and the discount rate is 6%, calculate the
- Tau Media has operating leases with annual payments of $300,000. If the lease term is 10 years and the discount rate is 6%, calculate the present value of lease payments and discuss the impact on the income statement under the new leasing standards.
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Intermediate Accounting
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfiel
17th edition
1119503663, 1119571480, 1-119-50368-2, 111950368X, 978-1119503668
