Business, 14.12.2019 02:31 ThatStudent8769

Beacon industries disclosed the following minimum rental commitments under non-cancelable operating leases in its 2017 annual report: minimum operating lease payments amount (in millions) 2018 $ 89 2019 58 2020 42 2021 32 2022 25 total $246 what is the present value of these operating lease payments, assuming a 6% discount rate?

a. $246 million
b. $215 million
c. $ 70 million
d. $225 million
e. none of the above

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Beacon industries disclosed the following minimum rental commitments under non-cancelable operating...