Question
question about Adjusted ration(debt)for Leases. The formula is (total debt +leases liabilities) / total equity. When I use this formula, do I use the total
question about Adjusted ration(debt)for Leases.
The formula is (total debt +leases liabilities) / total equity. When I use this formula, do I use the total leases liabilities (include current and non-current) or do I just plug in current liabilities?
I need to compare the adjusted ration(debt) for leases in Coles in the last two years (2023 and 2022).
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Intermediate Financial Management
Authors: Eugene F. Brigham, Phillip R. Daves
11th edition
978-1111530266
