Why is the percentage of debt for an electric utility higher than that for the typical manufacturing

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Why is the percentage of debt for an electric utility higher than that for the typical manufacturing company?

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Fundamentals Of Financial Management

ISBN: 9780273713630

13th Revised Edition

Authors: James Van Horne, John Wachowicz

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Question Posted: Dec 07, 2015 05:48 AM

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Why is the percentage of debt for an electric utility higher than that for the typical manufacturing

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An electric utility has much higher fixed costs in a relative sense than does the typi...View the full answer

Fundamentals Of Financial Management

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