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If I know my company's debt ratio, I can calculate/determine the relative proportion of total equity that is in my company's capital structure. Select one:

If I know my company's debt ratio, I can calculate/determine the relative proportion of total equity that is in my company's capital structure.

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True

False

In periods of inflation (and assuming no inventory liquidations), the last-in-first-out method of accounting for inventory will generally result in a lower net income compared to the first-in-first-out method of inventory accounting.

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True

False

If a company leases assets and its leased assets are all accounted for as Capital Leases, as an analyst I should turn to the Income Statement and look for "Rent Expense" to assess the impact of these capital leases on the company's financials.

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