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Operating leases are popular (so popular in fact that they will no longer be allowed under new accounting standards.) Which of the following is NOT

Operating leases are popular (so popular in fact that they will no longer be allowed under new accounting standards.) Which of the following is NOT a possible reason for this popularity?

A.

The firms true assets are understated
B.

Depreciation tax shield
C.

Inflated efficiency and coverage ratios
D.

The firms true liabilities are understated
E.

Expense recognition is delayed, inflating net income in early yea

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