Did profitable firms have higher or lower indebtedness


1. Did profitable firms have higher or lower indebtedness ratios than unprofitable firms?

2. What industries in 2003 were characterized by very high debt ratios? Which were characterized by very low debt ratios? Is it still the same today?

3. Roughly and on average, how much of very large and very small firms' total liabilities were financial debt?

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Corporate Finance: Did profitable firms have higher or lower indebtedness
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