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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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