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 ?
![]() |
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 ?
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.
Could you be a little more specific please?
All times are GMT -7. The time now is 03:13 PM. |