Question: In general, the capital structures used by non - financial U . S . firms Multiple Choice None of the options are correct. typically result

In general, the capital structures used by non-financial U.S. firms
Multiple Choice
None of the options are correct.
typically result in debt-to-asset ratios between 50% and 70%.
tend to converge to the same proportions of debt and equity.
vary significantly across industries.
tend to be those that maximize the use of the firms available tax shelters.

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