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According to Ruth Marcus Opinion editorial titled "The handling of the Texas abortion case is an embarrassment for the federal judiciary," the editor claims that the recent rulings by the 5th circuit...

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I think that this kind of child slavery is absolutely wrong because children are being made to work eventually. There have to be more initiatives taken by the governments of underdeveloped countries t...

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I think that this kind of child slavery is absolut

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Emily Dickinson has been believed to have greatly contributed to the tapestry of American poetry. Her poems are of special worth because of her frank expressions and her constant exploration of the id...

Dickinson Discussion

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Q Create an Excel spreadsheet to organize your answers to the following problem, and submit your Excel file as an attachment by clicking on the appropriate button on this page. Zoom Company currently has $500 million of assets $160 million of debt, and Net income last year was $12 million. Calculate the company's return on assets ratio and debt/equity ratio under the following assumptions or changes: 1. No changes in above. 2. Assuming the company had leased $30 million of its assets "off the balance sheet." 3. Assuming the company had leased $60 million of its assets "off the balance sheet." 4. Assuming the company had leased $90 million of its assets "off the balance sheet." Based on a review of your calculations for the financial ratios above, explain why a firm might want to engage in "off balance sheet" financing. PreviousNext

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According to the above scenario solutions of Zoom Company, the company leased instead of purchasing to improve their return on assets. As the Return on Asset Ratio table shows, the return on assets increases as the value of lease increases. Companies prefer leasing assets to record an increased return of assets hence attracting more investors. Additionally, according to the table showing the debt to equity ratio, the Zoom company can use lease

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