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Compared to a firm with a capital lease, operating leases under ASC 840 help the lessee firm earn: Multiple Choice a higher asset turnover ratio.
Compared to a firm with a capital lease, operating leases under ASC 840 help the lessee firm earn:
Multiple Choice
- a higher asset turnover ratio.
- a lower return on assets.
- a higher debt-to-equity ratio.
- a lower NOPAT.
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