Capital leases must be shown directly on the lessee's balance sheet. Operating leases must be disclosed in the footnotes of the balance sheet. O True O False Question 14 1 pts Leasing is a substitute for debt and it uses up a firm's debt capacity. Assume a firm has a 40% debt and 60% equity target capital structure. If 20% of the firm's assets are leased, remaining assets must be financed with equity? O True O False