Question: 1 . Compute the debt asset ratio for 2 0 1 8 . How much did it increase because of the change in accounting for
Compute the debt asset ratio for How much did it increase because of the change in accounting for operating leases? Explain any weakness associated with this optional transition method Explain why the operating lease rightofuse assets differs from the total operating leases liability. Explain how the new lease accounting changes the amount of operating lease expense recognized in the income statement. Explain how the new lease accounting changes how the operating leases are portrayed on the statement of cash flows.
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