HP Inc. leases certain real and personal property under non-cancelable operating leases. HP Inc. reports the following operating lease payments in its 2016 annual report.
($ millions)
Calculate the lease-related liabilities that are potentially missing from HP's 2016 balance sheet.
Assume a discount rate of 7% and rounding the remaining lease term to the nearest whole year.

Question

HP Inc. leases certain real and personal property under non-cancelable operating leases. HP Inc. reports the following operating lease payments in its 2016 annual report.
($ millions)
  Calculate the lease-related liabilities that are potentially missing from HP's 2016 balance sheet.
Assume a discount rate of 7% and rounding the remaining lease term to the nearest whole year.

Quizplus · Accepted Answer

The Answer of HP Inc. leases certain real and personal property under non-cancelable operating leases. HP Inc. reports the following operating lease payments in its 2016 annual report.
($ millions)
  Calculate the lease-related liabilities that are potentially missing from HP's 2016 balance sheet.
Assume a discount rate of 7% and rounding the remaining lease term to the nearest whole year.

HP Inc Leases Certain Real and Personal Property Under Non-Cancelable Operating