12

To compute tangible book value, an analyst would

A. Add goodwill to stockholders equity

B. Add all intangible assets to stockholders' equity

C. Subtract all intangible assets from stockholders

13

Which of the following is an off balance sheet financing technique? The use of

A. Capital leases

B. Operating leases

C. the last in first out inventory method

14

To better evaluate the solvency of a company, an analyst would most likey add to total liabilities

A. the present value of future capital lease payment

B. the total amount of operating lease payment

C. the present value of future operating lease payments