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Which of the following misstatements would cause the debt-to-assets ratio to be overstated? (Don't forget to study the Times Interest Earned ratio too!) A) Capitalizing
Which of the following misstatements would cause the debt-to-assets ratio to be overstated? (Don't forget to study the Times Interest Earned ratio too!) A) Capitalizing costs that should have been expensed as assets. B) Failing to accrue income taxes of the current period. C) Failing to adjust for depreciation in the current period. D) Failing to accrue interest earned of the current period
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