Hi

Can I get help on my assignment, please? Thank You.

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. A company currently has $500 million of assets financed with $280 million of debt, Net income last year was $20 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 $35 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 $85 million of its assets "off the balance sheet." Based on a review of your answers to the above, explain why a firm might want to engage in "off balance sheet" financing