Multiple Choice
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 finance 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:

Verified
Correct Answer:
Verified
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