The following is the leasing commitment information taken from Wharf Imports, Inc.'s 10-K report for March 31, 2016.
Wharf's total liabilities for 2016 are $640,168 thousand. What dollar adjustment(s) might you consider to Wharf's balance sheet for analysis purposes, given this information and assuming that Wharf's intermediate-term borrowing rate is 7%? Explain.

Question

The following is the leasing commitment information taken from Wharf Imports, Inc.'s 10-K report for March 31, 2016.
  Wharf's total liabilities for 2016 are $640,168 thousand. What dollar adjustment(s) might you consider to Wharf's balance sheet for analysis purposes, given this information and assuming that Wharf's intermediate-term borrowing rate is 7%? Explain.

Quizplus · Accepted Answer

The Answer of The following is the leasing commitment information taken from Wharf Imports, Inc.'s 10-K report for March 31, 2016.
  Wharf's total liabilities for 2016 are $640,168 thousand. What dollar adjustment(s) might you consider to Wharf's balance sheet for analysis purposes, given this information and assuming that Wharf's intermediate-term borrowing rate is 7%? Explain.

The Following Is the Leasing Commitment Information Taken from Wharf