Use the internet to learn more about FASB ASC Topic 842, Leases. Write a brief memo describing whether you agree with FASB 's decision to move operating leases to the balance sheet, the expected magnitude of the operating lease liabilities that will be added to balance sheets in the United States, and how these new liabilities are being treated for purposes of computing debt covenant compliance by different users - investors, lenders, and management.

Be sure you complete the memo in APA compliance.