Debt-Rating Agencies Take Financial and Operating Leases into Account Because

Debt-rating agencies take financial and operating leases into account because:

A) they realize that lessees need that information for their records.
B) the agencies are required by law to do so.
C) the book income of the lessee is improved by including lease obligations.
D) the book income will be lower, all things equal, if lease obligations show as a balance sheet item.

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