What lease liability does cabela''s report on balance sheet, Accounting Basics

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What lease liability does cabela''s report on balance sheet

Cabela's Corp. disclosed the following lease information in its 2011 annual report (in millions). What lease liability does Cabela's report on its balance sheet?

Capital Leases Operating Leases
2012 $ 1,000 $ 10,746
2013 1,000 11,022
2014 1,000 9,473
2015 1,000 8,841
2016 1,000 8,579
Thereafter 19,500 121,524
Total 24,500 $170,185
Amount representing interest (11,578)
Net present value of leases $ 12,922

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Accounting Basics: What lease liability does cabela''s report on balance sheet

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Accounting Basics: What lease liability does cabela''s report on balance sheet

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Accounting Basics: What lease liability does cabela''s report on balance sheet

Reference No:- TGS042908

Recent Questions Asked Accounting Basics

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