B Corp Is a Lessee and Has a Debt/equity Ratio of of 2

question 239

Multiple Choice

B Corp. is a lessee and has a debt/equity ratio of 2 to 1. The debt/equity ratio is increased when B records:

• A) Option A
• B) Option B
• C) Option C
• D) Option D

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Definitions:

Discounted Prices

Prices reduced from the original or list price, often to encourage prompt payment or bulk purchasing.

Fixed Amount

A specific sum that does not change over time or under varying circumstances.

Patient Protection And Affordable Care Act

A health care reform law enacted in 2010 aimed at expanding health insurance coverage and reducing the costs of healthcare for Americans.

Excise Tax

A tax imposed on specific goods, services, or transactions, often with the purpose of raising revenue or reducing consumption of certain products.