converting from capital lease to operating lease Companies will be required to convert their operating leases to capital leases capitalizing lease payments i counted to convert operating lease payments.
{"Image DocumentName": "Capital Leases Vs. Operating Leases", "Image ImageDescription": "11/18/99. Capital Leases Vs. Operating Leases. The two types of leases have VERY different effects on the balance sheet, income statement and statement of cash flows and thus can be used to manipulate the firm\u2019s reported financial position. What are the effects? You should be able to identify whether a firm uses one or the other type of lease. You should be able to convert one type to the other to compare firms that use different types of financing and assess a true financial picture of the firm. Bishop - ACCT 620.", "Image XResolution": "37", "Image YResolution": "37", "Image ResolutionUnit": "Pixels/Centimeter", "Image Software": "SlidePlayer", "Image YCbCrPositioning": "Centered"}