Unformatted text preview: f-Balance Sheet Financing
Claim: If companies can find a way to purchase assets and ensure
that neither the assets nor the related financing appear on the balance
sheet, they can report higher levels of asset turnover (ATO) and
lower levels of financial leverage (FL).
Prove it: Operating Liabilities
Nonoperating Liabilities 2011 2010 Certain Accruals
Examples of certain accruals include: Examples of uncertain accruals include: What is the difference? Short-Te...
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