Business, 14.12.2019 06:31 nanagardiner08

Cabela's corp disclosed the following minimum rental commitments under non-cancelable operating leases in its 2015 annual report (in millions). operating leases 2016 $ 24,424 2017 25,245 2018 25,065 2019 24,682 2020 24,087 thereafter 292,668 total $416,171 what is the approximate present value of the minimum lease payments? assume a discount rate of 6.0% and round the remaining lease term to the nearest whole year.

a. $233,357 million
b. $ 15,113 million
c. $255,007 million
d. $373,713 million
e. none of the above

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