Second Examination – Finance 3321

11. The overall effect on Pre-Tax Income in 2016 for ABC (had the lease been capitalized) relative to reported Pre-Tax Income in will be (relative to the reported Net Income) – Use the PV assumptions from the previous problem: $17,280,000 decrease. $16,502,000 decrease $ 3,432,000 decrease $ 5,280,000 decrease $ 4,502,400 decrease. 12. ................
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