Solution-What is the additional amount of depreciation

What is the additional amount of depreciation expenses

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Reference no: EM133133235

Question - In Hoenn's FY 2018 annual report, the company disclosed the following information about its operating lease commitments (in millions)

within N Year	FY 2018	FY 2017
1	6,534	6,241
2	5,489	5,225
3	4,039	3,957
4	3,350	3,247
5	2,789	2,574
6+	7,089	6,232

Hoenn's operating lease expense in 2018 is $6,800 million. Assume that Hoenn records its finance lease liabilities at an interest rate of 4 percent.

Required - What is the additional amount of depreciation expenses would Hoenn recognize in its 2018 annual report if all operating leases are capitalized?

Reference no: EM133133235

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What is the additional amount of depreciation expenses

Reference no: EM133133235

Reference no: EM133133235

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