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| Tom Carter, CFA, is analyzing Sydex Company. Sydex is capitalizing interest costs on its long-lived assets. Carter adjusts Sydex’s financials to treat the capitalized interest costs for the most recent period as an expense. After Carter’s adjustments, Sydex’s interest coverage ratio expense. After Carter’s adjustments, Sydex’s interest coverage ratio will be: A:Lower B:Higher C:Unaffected |
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