Examlex
Which of the following is not allowed as an itemized deduction?
Right-Of-Use Asset
An asset that represents a lessee's right to use an underlying asset for the lease term under an agreement.
Debt-To-Equity Ratio
The ratio highlights the balance of debt and equity used in the financial structuring of a company's assets.
Total Liabilities
The aggregate of all debts and financial obligations a company owes to outside parties, reflected on the balance sheet.
Total Equity
The total value of an entity's assets after subtracting its liabilities, representing the owners' residual interest in the company.
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