Correct answer = A
"Leases and Off-Balance Sheet Debt," Gerald I. White, Ashwinpaul C. Sondhi, and Dov Fried
2008 Modular Level I, Vol. 3, pp. 522-523
Study Session 9-40-b
contrast the effects of capital and operating leases on the financial statements and ratios of the lessees and lessors
The adjustments for operating leases would increase the amount of total debt in the debt-equity ratio, thus increasing the ratio; the estimated lease interest expense would lower the interest coverage ratio.
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发表于 2008-5-22 21:49
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