Question
Whole Foods Markets reports operating lease information in its 2016 annual report (in millions). You determine that a discount rate of 6.0% is appropriate for
Whole Foods Markets reports operating lease information in its 2016 annual report (in millions). You determine that a discount rate of 6.0% is appropriate for Whole Foods and calculate the following. Year Minimum operating lease payments 2017 $ 433 2018 522 2019 557 2020 568 2021 569 Thereafter 6,485 $9,134 What economic liability is potentially left off Whole Foods balance sheet? Round the remaining lease term to the nearest whole year. Select one: A. $12,912 million B. $ 5,356 million C. $ 5,569 million D. $ 9,134 million E. None of the above
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