HOW SHOULD AN ANALYST MOST APPROPRIATELY ADJUST THE FINANCIAL STAT...

22. - FINANCIAL STATEMENT ANALYSIS MOCK EXAM
FINANCIAL STATEMENT ANALYSIS MOCK EXAM

22. How should an analyst most appropriately adjust the financial statements of a

firm that uses operating leases to finance its plant and equipment?

A. Increase liabilities.

B. Decrease long-lived assets.

C. Decrease shareholders’ equity.