3. The Market Insight database gives access to dozens of industry surveys. Check out the financial tables at the end of these surveys for several different industries. We suggest that you start with Autos and Auto Parts, Broadcasting and Cable TV, Department Stores and Trucking, plus a couple more industries that interest you. Write down the debt-to-capital ratios for a few of the largest companies in each industry, and average within the industry.

Can you explain the differences between these industry-average ratios?