Other long-term assets Other intangible assets Goodwill 417.7 415.9 516.3 520.4 1,575.4 1,719.6 $14,329.5 $12,416.3 Total...
STARBUCKS’S 2016 LEASE FOOTNOTE EXCERPTS The company mainly uses operating leases. Rental expense under operating lease agreements (in millions): Fiscal Year Ended Minimum rentals Contingent rentals Total Oct. 2, 2016 $1,092.5 130.7 $1,223.2 Sept. 27, 2015 $1,026.3 111.5 $1,137.8 Sept. 28, 2014 $907.4 66.8 $974.2 Minimum future rental payments under noncancelable operating leases as of October 2, 2016 (in millions): Fiscal Year Ending 2017 2018 2019 2020 2021 Thereafter Total minimum lease payments $1,125.1 1,006.2 896.4 821.3 740.5 2,695.5 $7,285.0...
CLICK HERE TO REVIEW LEARNING OBJECTIVES QUESTION 4 Partially correct Mark 0.33 out of 1.00 Flag question Analyzing and Interpreting Leasing Footnote The Home Depot, Inc. included the following footnote in its fiscal 2014 10-K report: The approximate future minimum lease payments under capital and all other leases at February 1, 2015 were as follows (amounts in millions): (in millions) Capital Leases Operating Leases 2015 $113 $893 2016 817 2017 108 737 2018 101 638 2019 97 561 880 4,059...
Analyzing and Interpreting Footnote on Operating and Capital Leases Verizon Communications, Inc., provides the following footnote relating to its leasing activities in its 10-K report. The aggregate minimum rental commitments under noncancelable leases for the periods shown at December 31, 2015, are as follows: Years ($ millions) 2016 2017 2018 2019 2020 Thereafter Total minimum rental commitments Capital Leases Operating Leases $2,744 2,486 2,211 1,939 1,536 7,297 $18,213 $302 278 187 97 45 159 1,068 Less interest and executory costs...
Analyzing and Interpreting Footnote on Operating and Capital Leases Assume Verizon Communications, Inc., provides the following footnote relating to its leasing activities in its 10-K report. The aggregate minimum rental commitments under noncancelable leases for the periods shown at December 31, 2010, are as follows: Years (dollars in millions) Capital Leases Operating Leases 2011 $ 83 $ 1,449 2012 71 1,316 2013 67 1,056 2014 63 806 2015 46 527 Thereafter 161 1,937 Total minimum rental commitments 491 $ 7,091...
Balance sheet ($ millions) Cash $50 Other current assets $100 Long term assets, $120 net Total assets $270 Noninterest bearing short term debt $60 Short term debt (10%) 10 Senior long-term debt 0 Subordinated debt Equity 0 Total Liabilities & Equity $270 Interest Coverage Net Operating Income $30 Interest Expense Short term debt $1 Senior long term debt $0 - Subordinated debt $0 Total $1 NOI/Interest expense $30 Effective tax rate 30 % Depreciation $20 Create a basic income statement...
Assume Verizon Communications, Inc., provides the following footnote relating to its leasing activities in its 10-K report. The aggregate minimum rental commitments under noncancelable leases for the periods shown at December 31, 2016, are as follows: Years (dollars in millions) Capital Leases Operating Leases 2017……………………………… $ 37 $1,184 2018………………………………28 791 2019……………………………21 652 2020…………………………13 504 2021……………………… 12 316 Thereafter……………55 1,050 Total minimum rental commitments…166 $4,497 Less interest and executory costs…………………………. (54) Present value of minimum lease payments……………… 112 Less current installments……………………………………...
Goldman Sachs' 10-K report contains the following lease footnote. This is the only information it discloses relating to its leasing activity. The firm has contractual obligations under long-term noncancelable lease agreements for office space expiring on various dates through 2069. Rent charged to operating expense was $249 million for 2015. The table below presents future minimum rental payments, net of minimum sublease rentals. $ in millions As of December 2015 2016 $317 2017 313 2018 301 2019 2020 2021-thereafter Total...
Analyzing and Interpreting Footnote on Both Operating and Capital Leases Verizon Communications Inc. provides the following footnote relating to its leasing activities in its 10-K report. The aggregate minimum rental commitments under noncancelable leases for the periods shown at December 31, 2014, are: (in millions) 2015 2016 2017 2018 2019 Thereafter Capital Leases Operating Leases $2,499 2,245 1,960 1,660 1,369 4,670 $14,403 $181 137 113 68 60 Total minimum rental commitments 598
Cash Equity Long-term debr Long-term investments Ner property and equipment Other assets Other long-term liabilities 1J0,000 120,000 100,000 150,000 40,000 10,000 4.5 Consider the following balance sheet: BestCare HMO Balance Sheet June 30, 2015 (in thousands) Assets Current Assets: Cash Net premiums receivable Supplies Total current assets Net property and equipment Total assets $2,737 821 387 $3,945 5,924 $9,869 Liabilities and Net Assets Accounts payable-medical services Accrued expenses $2,145 929 Notes payable Total current liabilities Long-term debt 382 Total liabilities...
Data Table Total revenue. . .. Receivables. 19.8 Investment assets (long-term). S 135.9 1.3 0.4 Property and equipment, net.. 1.6 Other expenses 27.8 Retained earnings, beginning 16.2 0.3 Retained earnings, ending. 13.4 Cash 5.9 1.3 Salary and other employee expenses. 102.6 Other assets (long-term) 9.5 Print Done balance sheet, eave the box empty, do not select a label or enter a zero.) Drew Peters Realty Company Balance Sheet July 31, 2016 Amounts in millions) Assets Liabilities Current assets Cash 1.6...