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To adjust for operating leases before calculating financial statement ratios, what value should an analyst add to a firm's liabilities? a. Difference between present values

To adjust for operating leases before calculating financial statement ratios, what value should an analyst add to a firm's liabilities?

a.

Difference between present values of lease payments and the asset's future earnings.
b.

Sum of future operating lease obligations.
c.

Present value of future operating lease payments.

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