Assuming that Santa Corporation was required to capitalize its operating lease,how would the company's fixed asset ratio change under this assumption?

Name: Assuming that Santa Corporation was required to capitalize its operating lease,how would the company's fixed asset ratio change under this assumption?
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Question

Quizplus · Accepted Answer

Capitalizing an operating lease would increase the company's fixed assets, leading to a decrease in the fixed asset ratio, which is calculated as fixed assets divided by total assets.

Assuming That Santa Corporation Was Required to Capitalize Its Operating