
1.
To Compute: The classified
2.a
The carrying amount of the bonds payable by combining the long-term and current amounts.
2.b
To Identify: The reason for which interest payable is reported less than interest expense.
3.
To Identify: The number of times Incorporation B cover its interest expense during 2016.
4.
To Calculate: The leverage ratio and Debt ratio of the company and also evaluate the health of the company from a leverage point of view.
5.
To Find: The change in leverage ratio and debt ratio if the company had to capitalize their lease in 2016 and also to evaluate the company’s health from the leverage point of view.

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Chapter 9 Solutions
Financial Accounting Plus MyLab Accounting with Pearson eText - Access Card Package (11th Edition)
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