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what information do you need? l just take the picture as l see. lf the picture is not clear please let me know. Analyzing. Interpreting,
what information do you need? l just take the picture as l see. lf the picture is not clear please let me know.
Analyzing. Interpreting, and Capitalizing Operating Lease Goldman Sachs SEC filing for the quarter ended March 31, 2019, report contains the following fease footnote Leases (ASC 842), in February 2016, the FASB iswed ASU NO. 2016-02. Leases (Topic 842). This Asu requires that for leases longer than one year, a lessee recognise in the statements of financial condition a right of use asset and a lease ability. It also requires that for finance leases, a lessee recognire interest expense on the lease liability separately from the amortization of the right-of-use asset in the statements of earnings, while for operating teases, such amounts should be recognized as a combined expense. The firm adopted this ASU in January 2019 under a modified retrospective approach The table below presents other assets by type. Sin millions Mar. 2010 Dec 2016 Property leasehold improvements and equipment $19.277 $18317 do maturity securitiet 5.841 Goodwill and identifiable intangibles 4.00 Operating laser ofte et income tax related as 1.70 Miscellaneous recevables and other 5434 Tot 5060 The table below presents other abilities by type Sin millions $110 3.000 1539 4351 Mar. 2019 Dec 2015 122 The table below presents other liabilities by type. Sin millions Mar. 2019 Dec. 2018 Compensation and benefits SLO income tax related abilities 3,000 2.864 Operating lease abilities 2,413 Noncontrolling interests 1.565 1,568 Employee interests in consolidated funds 122 Accrued expenses and other 5,354 210 Tocal $16.10 517,602 The table below presents information about future operating lease payments. Sin millions Mar. 2019 Reminder of 2019 310 2020 1 202 2015 204 Support 3035 thereafter 204 Total undiscounted base payments 4047 imputed interest 104) Total operating lubos 5241 We were in late tem 15 ya Wetted verscountate Goldman Sachs 10-K report for the year ended December 31, 2018. Included the following table about future cash payments required under operating lates 2012 SEM Standorten 4047 muted interest 103 Total Operating lasebilities 52.413 Wested average remarle term 18 years Wenched average discount rate 45 Goldman Sachs 10-K report for the year ended December 31, 2018, Included the following table about future cash payments required under operating leases. Sin millions Dec. 2018 3019 3231 2030 27 2001 200 772 102 2004-theater 1.310 TO 2.300 What operating lease liability did Goldman Sachs report for the quarter ended March 31, 2019? 50 million What right of use assets did Goldman Sachs report for the quarter ended March 31, 2019 50 million Use an Excel spreadsheet and the Information on future operating lease payments to verify the total liabilities of 52413 million so the 2019 Form 10-0. Hine. The amount will not be exactly 52,413 Enter the amount computed in Excel Round your final answer to the nearest milion What operating lease ability did Goldman Sachs report for the quarter ended March 31, 20197 SO million What right-of-use assets did Goldman Sachs report for the quarter ended March 31, 2019 million 0 Use an Excel spreadsheet and the information on future operating lease payments to verify the total liabilities of $2,413 million on the 2019 Form 10-0. Hnt. The amount will not be exactly $2,413 Enter the amount computed in Excel Round your final answer to the nearest million 50 million Use the information on rental payments from the December 2018 Form 10-K, to calculate the present value of future payments at year-end Use the same average weighted lease term and discount rate Goldman Sachs discloses in the 2019 Form 10:0 Enter the amount computed in Excel. Round your final answer to the nearest milion $0 million Analyzing. Interpreting, and Capitalizing Operating Lease Goldman Sachs SEC filing for the quarter ended March 31, 2019, report contains the following fease footnote Leases (ASC 842), in February 2016, the FASB iswed ASU NO. 2016-02. Leases (Topic 842). This Asu requires that for leases longer than one year, a lessee recognise in the statements of financial condition a right of use asset and a lease ability. It also requires that for finance leases, a lessee recognire interest expense on the lease liability separately from the amortization of the right-of-use asset in the statements of earnings, while for operating teases, such amounts should be recognized as a combined expense. The firm adopted this ASU in January 2019 under a modified retrospective approach The table below presents other assets by type. Sin millions Mar. 2010 Dec 2016 Property leasehold improvements and equipment $19.277 $18317 do maturity securitiet 5.841 Goodwill and identifiable intangibles 4.00 Operating laser ofte et income tax related as 1.70 Miscellaneous recevables and other 5434 Tot 5060 The table below presents other abilities by type Sin millions $110 3.000 1539 4351 Mar. 2019 Dec 2015 122 The table below presents other liabilities by type. Sin millions Mar. 2019 Dec. 2018 Compensation and benefits SLO income tax related abilities 3,000 2.864 Operating lease abilities 2,413 Noncontrolling interests 1.565 1,568 Employee interests in consolidated funds 122 Accrued expenses and other 5,354 210 Tocal $16.10 517,602 The table below presents information about future operating lease payments. Sin millions Mar. 2019 Reminder of 2019 310 2020 1 202 2015 204 Support 3035 thereafter 204 Total undiscounted base payments 4047 imputed interest 104) Total operating lubos 5241 We were in late tem 15 ya Wetted verscountate Goldman Sachs 10-K report for the year ended December 31, 2018. Included the following table about future cash payments required under operating lates 2012 SEM Standorten 4047 muted interest 103 Total Operating lasebilities 52.413 Wested average remarle term 18 years Wenched average discount rate 45 Goldman Sachs 10-K report for the year ended December 31, 2018, Included the following table about future cash payments required under operating leases. Sin millions Dec. 2018 3019 3231 2030 27 2001 200 772 102 2004-theater 1.310 TO 2.300 What operating lease liability did Goldman Sachs report for the quarter ended March 31, 2019? 50 million What right of use assets did Goldman Sachs report for the quarter ended March 31, 2019 50 million Use an Excel spreadsheet and the Information on future operating lease payments to verify the total liabilities of 52413 million so the 2019 Form 10-0. Hine. The amount will not be exactly 52,413 Enter the amount computed in Excel Round your final answer to the nearest milion What operating lease ability did Goldman Sachs report for the quarter ended March 31, 20197 SO million What right-of-use assets did Goldman Sachs report for the quarter ended March 31, 2019 million 0 Use an Excel spreadsheet and the information on future operating lease payments to verify the total liabilities of $2,413 million on the 2019 Form 10-0. Hnt. The amount will not be exactly $2,413 Enter the amount computed in Excel Round your final answer to the nearest million 50 million Use the information on rental payments from the December 2018 Form 10-K, to calculate the present value of future payments at year-end Use the same average weighted lease term and discount rate Goldman Sachs discloses in the 2019 Form 10:0 Enter the amount computed in Excel. Round your final answer to the nearest milion $0 million Step by Step Solution
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