Use the Table for the Question(s)below

question 68

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

---

Definitions:

René Descartes

A French philosopher, mathematician, and scientist in the 17th century, known for his statement "Cogito, ergo sum" ("I think, therefore I am") and his contributions to the development of modern philosophy and analytical geometry.

Norman Cousins

An American political journalist, author, and professor known for his research on the biochemistry of human emotions and its effect on health.

Daniel David Palmer

The founder of chiropractic care, recognized for developing a system of treatment focused on the manipulation of the spine.

Alternative Medicines

Various healing practices not traditionally included in the conventional Western medical system, often used to complement it.