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Assuming the financial leverage ratios of Toro are: Year 2012 2011 2010 2009 2008 Ratios 4.88 13.72 3.51 3.19 2.74 What is the solvency of Toro for the past five years, assessed by financial leverage ratios in the assumption? Lower business risk as less assets are financed by debts. O Higher business risk as less assets are financed by debts. O Lower business risk as more assets are financed by debts. O Higher business risk as more assets are financed by debts. O No change of solvency for the past five years