In Examining the Question as to Whether or Not Capital

In examining the question as to whether or not capital structures are randomly selected,we generally find that:

A) capital structures show strong industry patterns.
B) within industries, the most profitable companies borrow the least.
C) corporate and personal income taxes influence capital structures, but taxes alone cannot explain differences in leverage across firms, industries or countries.
D) shareholders consider leverage-increasing events to be "good news" and leverage-decreasing events to be "bad news."
E) All of the above