Below are income statements and balance sheets for three firms. Rank these firms on what you perceive to be the relative riskiness of their equity from these statements. What features in the statements determined your ranking? All numbers are in millions of dollars. All three firms face a statutory tax rate of 36percent.

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FIRM B Balance Sheet Liabiities and Equity Accounts payatfe Long-term debt Assets Cash Shect term ivestments Accounts recevable inventory Property, plant and equipment S 36 47 Common equity FIRM C income Statement 5549 Ccst of sales labor and materials Depreciation Seling expenses Admanistrative expenses Research and development tet interest expense come before taxes hcome taxes income after tares FIRM C Balance Sheet Liabilitios and Equity Assets Cash Short-erm Investments Accounts receivable Accounts payable Long-term dett Property, plant, and equipment Common equity 374 $374