Value 3. Lease Obligations by Year $6B $48 $2B Albertson $4.85B Kroger $0.94B Finance Lease Operating Lease $6.26B $0.93B $0.96B $0.89B $0.80B $OB 2021 2022 2023 2024 $0.71B 2025 $0.95B $0.87B $0.79B $0.72B $0.65B Thereafter 2021 2022 2023 2024 2025 Thereafter

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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based on the lease obligations by year visualization, do the results make sense?

a. no. there is a decreasing trend in finance lease and operating lease obligations, and we would expect the values to increase over time.

b. yes. we would expect the finance lease obligation to be higher than operating lease obligations.

c. no. there is an increase in finance lease and operating lease obligations in 2022, and we would expect the values to decrease given the decreasing trend for the other years.

d. yes. the increasing trend in finance lease and operating lease obligations is expected for both albertson and kroger

Value
3. Lease Obligations by Year
$6B
$48
$2B
Albertson
$4.85B
Kroger
$0.94B
Finance Lease
Operating Lease
$6.26B
$0.93B
$0.96B
$0.89B
$0.80B
$OB
2021
2022
2023
2024
$0.71B
2025
$0.95B
$0.87B
$0.79B
$0.72B
$0.65B
Thereafter
2021
2022
2023
2024
2025
Thereafter
Transcribed Image Text:Value 3. Lease Obligations by Year $6B $48 $2B Albertson $4.85B Kroger $0.94B Finance Lease Operating Lease $6.26B $0.93B $0.96B $0.89B $0.80B $OB 2021 2022 2023 2024 $0.71B 2025 $0.95B $0.87B $0.79B $0.72B $0.65B Thereafter 2021 2022 2023 2024 2025 Thereafter
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