Cabela’s disclosed the following minimum rental commitments under non-cancelabel operating leases in its 2013 annual report (in millions) Year Operating Lease 2014 $16,035 2015 $20,956 2016 $20,489 2017 $20,098 2018 $26,516 Thereafter $269,619 Total $373,713 What is the approximate present value of the minimum lease payments? Assume a discount rate of 6.1% and assume that payments after 2018 are made evenly over 10 years.
POETRY ARCHIVE FOUNDATION
Where Words Inspire, Connect, and Transform
Cabela’s disclosed the following minimum rental commitments under non-cancelabel operating leases in its 2013 annual report (in millions) Year
POETRY ARCHIVE

Welcome to a world where words dance and emotions take flight. Each poem here is a reflection of life’s beauty, struggles, and mysteries. Read, feel, and let the verses speak to you.