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meltzerj
Nov 22, 2010, 07:02 PM
How do you figure out how income before taxes would be different if a company accounted for all leases as operating rather than capital by looking at its 10K report ?

rehmanvohra
Nov 22, 2010, 11:48 PM
Under capital lease, the income statement reports finance charges and depreciation related to capital lease. Under operating lease the incomestatement reports periodic rental payments. Compare these figures and you have the difference.

meltzerj
Nov 23, 2010, 12:11 AM
Could you be a little more specific please?