Question: The financial statements of M S are presented in Appendix 5B 179301

The financial statements of M&S are presented in Appendix 5B or can be accessed at the book’s companion website,

Refer to M&S’s financial statements and the accompanying notes to answer the following questions.
(a) What types of leases are used by M&S?
(b) What amount of finance leases was reported by M&S in total and for less than one year?
(c) What minimum annual rental commitments under all non-cancelable leases at March 29, 2008, did M&S disclose?

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