Which of the Following Will Not Affect the Calculation of Leverage

question 41

Multiple Choice

Which of the following will not affect the calculation of leverage ratios?

• A) existence of non-capitalized operating leases
• B) existence of assets where market value is much higher than book value
• C) existence of significant debt covenants
• D) existence of pension liabilities where projected benefit liability is much greater than plan assets and accumulated benefit obligation

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Definitions:

Psychoanalysis

A therapeutic approach founded by Sigmund Freud, focusing on unconscious processes as they are manifested in a person's present behavior.

Behavior Therapy

Therapy that applies learning principles to the elimination of unwanted behaviors.

Humanistic Therapy

Humanistic Therapy is a therapeutic approach that emphasizes individual potential and stresses the importance of growth and self-actualization.

Cognitive Therapy

Therapy that teaches people new, more adaptive ways of thinking; based on the assumption that thoughts intervene between events and our emotional reactions.