How will the given options affect financial statements

Reference no: EM131830703

Question: Hank Mays needs a few new trucks for his business. He is considering buying the trucks but is concerned that the additional debt he will need to incur will make his liquidity and solvency ratios look bad. What options does he have other than purchasing the trucks, and how will these options affect his fi nancial statements?

Reference no: EM131830703

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