According to Rajan and Zingales, Debt Ratios of Individual Companies

Multiple Choice

According to Rajan and Zingales, debt ratios of individual companies depend on:
I.size: large firms have higher debt ratios;
II.tangible assets: firms with high ratios of fixed assets to total assets have higher debt ratios;
III.profitability: more profitable firms have lower debt ratios;
IV.market to book: firms with higher ratios of market-to-book value have lower debt ratios;
V.market structure: firms with monopoly power have higher debt ratios

A) I and II only
B) I, II, and III only
C) I, II, III, and IV only
D) I, II, III, IV, and V