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Use the Table for the Question(s)below

Question 3

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Use the table for the question(s) below.
Use the table for the question(s) below. -Consider the above balance sheet for your firm (in thousands of dollars) .You plan on acquiring some new equipment using a $700,000 operating lease.If you go through with the lease,what will be the change in your firm's debt-equity ratio? A) 0.44 B) 0.56 C) 0 D) 0.80 E) 1.69
-Consider the above balance sheet for your firm (in thousands of dollars) .You plan on acquiring some new equipment using a $700,000 operating lease.If you go through with the lease,what will be the change in your firm's debt-equity ratio?


A) 0.44
B) 0.56
C) 0
D) 0.80
E) 1.69

Correct Answer:

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