Which American industry would tend to have the greatest debt ratio?

Name: Which American industry would tend to have the greatest debt ratio?
Brand: Quizplus
Rating: 4.8 (57 reviews)

Question

Quizplus · Accepted Answer

Banking industry would tend to have the greatest debt ratio because banks typically borrow a significant amount of money to finance their operations and lending activities. Additionally, the assets on their balance sheets may be highly leveraged, increasing their debt-to-equity ratio.

Which American Industry Would Tend to Have the Greatest Debt