Question
If a firm has substantial operating leases disclosed in the notes but not capitalized in the financial statements, then, based on the financial statement data
If a firm has substantial operating leases disclosed in the notes but not capitalized in the financial statements, then, based on the financial statement data provided
| the fixed charge coverage ratio will be overstated |
| the interest coverage ratio will be overstated |
| the net working capital will be understated |
| the debt ratio will be understated |
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Financial Reporting The Theoretical And Regulatory Framework
Authors: D A V I D Alexander
2nd Edition
0412357909, 978-0412357909
