Question: I need help please Analyzing and Interpreting Lease Footnote Disclosures The GAP Inc. discloses the following schedule to its fiscal 2015 (ended January 30, 2016)

I need help please

I need help please Analyzing and Interpreting Lease Footnote Disclosures The GAP

Analyzing and Interpreting Lease Footnote Disclosures The GAP Inc. discloses the following schedule to its fiscal 2015 (ended January 30, 2016) 10-K report relating to its leasing to its leasing activities. The aggregate minimum noncancelable annual lease payments under leases in effect on January 30, 2016, are as follows: Fiscal Year ($ millions) $1,435 2016 2017 1,398 2018 1,246 2019 1,121 2020 982 Thereafter 3,018 Total minimum lease commitments $9,200 Compute the present value of GAP's operating leases using a 6% discount rate and round the remaining lease term to the nearest whole year. Round each answer to the nearest whole number. $ million Present Value Year 1 $ 0 Year 2 0 Year 3 0 Year 4 0 Year 5 0 After 5 0 $ 0

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