Answer first 2 Office Depot questions.

Sigchi4life
Category:
Accounting
Price: $15 USD

Question description

Exersices in Lease Accounting-1.pdf 

Exercices in Lease Accounting.xlsx 

Office Depot

Office Depot, Inc., (NYSE ticker: ODP) incorporated in 1986, is a global supplier of office products and services that operates directly in 41 countries and through alliances in 19 additional countries. Use the attached excerpts from its financial statements to answer the following questions: 

1. Calculate Office Depot’s leverage ratio (total assets/shareholders’ equity) as of the end of fiscal year 2012 using its as-reported balance sheet figures. Don’t bother using averages. 

2. Notionally capitalize Office Depot’s operating leases (i.e., restate Office Depot’s balance sheet as if its operating leases were treated as capital leases as of the most recent balance sheet date). You may assume a discount rate of 5% and ignore sublease income. How much debt does this add to Office Depot’s 

balance sheet? 

answer first 2 Office Depot questions. 

Not more that 1 and half page
need this done by next 12 hour. 


Studypool has helped 1,244,100 students
Ask your homework questions. Receive quality answers!

Type your question here (or upload an image)

1821 tutors are online

Brown University





1271 Tutors

California Institute of Technology




2131 Tutors

Carnegie Mellon University




982 Tutors

Columbia University





1256 Tutors

Dartmouth University





2113 Tutors

Emory University





2279 Tutors

Harvard University





599 Tutors

Massachusetts Institute of Technology



2319 Tutors

New York University





1645 Tutors

Notre Dam University





1911 Tutors

Oklahoma University





2122 Tutors

Pennsylvania State University





932 Tutors

Princeton University





1211 Tutors

Stanford University





983 Tutors

University of California





1282 Tutors

Oxford University





123 Tutors

Yale University





2325 Tutors