(Assessing leverage use) Financial data for three corporations are displayed here: a. Which firm appears to be excessively leveraged? b. Which firm appears to be employing financial leverage to the most appropriate degree? c. What explanation can you provide for the higher pricelearnings ratio enjoyed by firm B as compared with firm A? a. Which firm appears to be excessively leveraged? (Select the best choice below) O A Fim A OB Firm B OC. Fim S Click to select your answer and then click Check Answer OD CAR Fine Chec 8:11 PM 1/20/2021 + 6 7 8 T T Y P H . . enter B N M shift page up page ctrl i Data Table (Click on the following icon in order to copy its contents into a spreadsheet. MEASURE Debt ratio Times interest earned Pricelearnings ratio FIRMA 20% 12 times 13 times FIRMB 25% 14 times 15 times FIRMC 40% 11 times 10 times INDUSTRY NORM 20% 13 times 14 times Print Done 2 part remaining har All Final Check 8:12 PM 1/20/2021 Desc STO home 11 iraar DOWE 7 00 9 + IN backspace LY HJ K 2 L 1 enter NM ? sh 0