NO.PZ202210140300000102
问题如下：
Which of the following statements about Jupiter’s motivations for the strategic real estate plan is incorrect?
选项：
A.The transactions will enable Jupiter to sell a non-core business.
The transactions will allow Jupiter to unlock the value of its real estate assets.
C.The expected change in Jupiter’s credit rating after the transactions will increase the firm’s costs of capital
解释：
C is correct. The sale leasebacks will improve Jupiter’s balance sheet by retiring debt and likely improving its credit rating, which will decrease (not increase) its costs of capital.
A is incorrect because real estate ownership represents a non-core business for Jupiter. Its core business is operating 50,000 square foot stores in all markets of the United States.
B is incorrect because the sale leasebacks will allow Jupiter to unlock the value in its real estate assets. Jupiter would receive cash from the property sales and recognize a liability equal to the present value of future lease payments.
我的理解是，sale了pp&e，cash增加，ppe减少，然后lease这些pp&e的时候liability再次增加。不太明白为什么debt会减少？
