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  • Nov 22, 2010, 07:02 PM
    meltzerj
    Financial Statement Question
    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 ?
  • Nov 22, 2010, 11:48 PM
    rehmanvohra
    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.
  • Nov 23, 2010, 12:11 AM
    meltzerj
    Comment on rehmanvohra's post
    Could you be a little more specific please?

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