Question: (2) Compute the ratios using nancial information (a) as reported and (b) after capitalization of operating leases. (Hint: Adjusting operating cash ow for assumed lease

(2) Compute the ratios using nancial information (a) as reported and (b) after capitalization of operating leases. (Hint: Adjusting operating cash ow for assumed lease capitalization requires the removal of rent paid from operating cash ows and the inclusion of interest paid in operating cash ows Use rent expense and interest expense to approximate rent paid and interest paid, respectively

How do you calculate the interest expense in Case 7.3 part a2?

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