Question: 29. Which one is false? a. Generally off-balance-sheet financing is not ethical in terms of the users. b. Off-balance-sheet financing may reduce the total assets
29. Which one is false? a. Generally off-balance-sheet financing is not ethical in terms of the users. b. Off-balance-sheet financing may reduce the total assets and total liabilities on Balance Sheet. c. Off-balance-sheet financing mostly increases return on assets (ROA) d. Off-balance-sheet financing may be frequently used by firms who has stronger restrictions on bond covenant
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