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Explain the impacts (improves, reduce or no change) on the following ratios if the lease is being wrongly classified as operating lease and why: (a)

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Explain the impacts (improves, reduce or no change) on the following ratios if the lease is being wrongly classified as operating lease and why: (a) Current ratio (b) Total Debt to equity ratio (c) Times interest coverage ratio (d) Return on assets ratio (e) Operating cash flow

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