Ba lance sheet as of January 31, 2009 GAP Inc LTD Brands Current


Question Description:

35

Balance sheet as of January 31, 2009                                    GAP Inc                  LTD Brands Current liabilities                                                                           2158                        1255 Long term debt                                                                                    0                           2897 Other non current liabilities                                                         1019                            946 Shareholders equity 4387                          1874 Total 7564                            6972 Minimum payment under operating leases 2009                                                                                                   1069                             478 2010                                                                                                    927                              455 2011                                                                                                     712                             416 2012                                                                                                     520                              373 2013                                                                                                     386                              341 After 2013 1080                              1334 Total 4694                              3397 a. Compute the present value of operating lease obligations using a 6.25% discount rate. Assume that all cash flows occur at the end of each year. Also assume that the minimum lease payments after 2017 occur evenly over a five-year period.= b.Re-compute the long-term debt to long-term capital ratio assuming that Starbucks capitalizes operating leases and reports the long-term portion as part of long-term debt. c. Re-compute the long-term debt to long-term capital ratio assuming that the long-term eopokuantwi78
posted a question · Feb 05, 2016 at 8:18am

Answer

35