Question: Firm X develops and licenses its designs to be produced by outside manufacturers Firm Y develops and manufactures its own designs. If the total invested

Firm X develops and licenses its designs to be
Firm X develops and licenses its designs to be produced by outside manufacturers Firm Y develops and manufactures its own designs. If the total invested capital of the two firms is the same, which likely has more equity capital and why? O firm X because they are less asset-heavy Firmy because they are less asset heavy O Firm Y because they are more asset-heavy O Firm X because they are more asset-heavy

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