consider the pie models......(see in the pic)

Consider the pie models of corporate structure. Considering the same firm what, is the difference between the all -equity pie and the levered pie for a firm in the presence of taxes? A. The size of the levered pie is smaller than the all-equity pie. B. Taxes eat a slice of the levered pie but pass by the all -equity pie. C. Both pies are the same size and are sliced identically. Taxes eat a slice Of both pies but take a larger slice of the all -equity pie