Which of the following is false regarding how strategists view debt/liabilities? Select one: O a Pension obligations to retired employees are considered a liability and included in a firm's D/E calculation. O b. A lease is not considered a liability and not included in a firm's D/E calculation O c. Interest-bearing debt is a liability and included in a firm's D/E calculation. O d. Debt is neither good nor bad. It is one financial tool used to accomplish strategic goals/objectives. O e. Interest expenses on interest-bearing debt are recorded on the income statement