menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Financial Accounting Study Set 22
  4. Exam
    Exam 9: Liabilities
  5. Question
    Operating Leases Are Preferred Over Capital Leases Because Capital Leases
Solved

Operating Leases Are Preferred Over Capital Leases Because Capital Leases

Question 40

Question 40

True/False

Operating leases are preferred over capital leases because capital leases increase a company's debt ratio.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q33: Current liabilities are expected to be paid

Q36: To determine whether a pension plan is

Q38: If the market interest rate is greater

Q39: Miller Corporation has $1,900,000 of bonds outstanding.

Q41: A disadvantage of using bonds instead of

Q43: On November 1, 2017, a company signed

Q45: A company reports Cost of Goods Sold

Q58: The leverage ratio is equal to average

Q85: A contingent liability should be disclosed in

Q95: At maturity,the premium on bonds payable will

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines