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What minimum annual rental commitments under all

1. The financial statements of P&G are presented in Appendix 5B or can be accessed at the book's companion website, HYPERLINK "https://www.wiley.com/college/kieso" www.wiley.com/college/kieso. Refer to P&G's financial statements, accompanying notes, and management's discussion and analysis to answer the following questions.

(a) What types of leases are used by P&G?

(b) What amount of capital leases was reported by P&G in total and for less than one year?

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