Which of the following statements is (are)true, based on data collected on the capital structure of publicly traded U.S. firms in 2003?
A)The average total indebtedness ratio was higher when book values were used instead of market values.
B)Less profitable firms tended to be more indebted.
C)Smaller firms tended to be more indebted than larger firms.
D)All of the above statements are true.

Question

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The Answer of Which of the following statements is (are)true, based on data collected on the capital structure of publicly traded U.S. firms in 2003?
A)The average total indebtedness ratio was higher when book values were used instead of market values.
B)Less profitable firms tended to be more indebted.
C)Smaller firms tended to be more indebted than larger firms.
D)All of the above statements are true.

Which of the Following Statements Is (Are)true, Based on Data