Which of the following is a true statement?
A) Sectors of the U.S. economy that tend to have quite variable income streams also carry the highest D/E ratios.
B) Sectors of the U.S. economy that tend to have quite variable income streams also carry the lowest D/E ratios.
C) Conglomerates tend to have high, unstable income streams.
D) Utilities have variable income streams and carry low D/E ratios.
Correct Answer:
Verified
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