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What will be the likely impact on walgreen return on asset

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Reference no: EM132920914

Problem 1: Assume that Walgreens puts the total amount of its leases into a long-term lease asset on its balance sheet and the offsetting credit is partially to a short-term liability (for lease payments due in the next year) and the remainder to a long-term liability. What will be the likely impact on Walgreen's return on assets (increase, decrease, or no effect)? Explain.

Reference no: EM132920914

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