"Balance sheets for companies in the same industry should look similar except for the overall size of the accounts. That is, if one company's property, plant, and equipment is 40% of total assets, you would expect other companies in the industry to also have property, plant, and equipment that totals about 40% of total assets." Do you agree? Explain A. Balance sheets for companies in the same industry will never look similar. Many variables are evident even amoung companies within the same industry. For example, some companies may require little capital and/or fixed assets. B. Balance sheets for companies in the same industry will look similar. For example, companies in the same industry may have similar strategies. They should all be capital intensive, with large amounts of property, plant, and equipment. They should rely on similar fixed assets, and may have large accounts receivable because of a lenient credit policy. They should also have similar owner investment and stockholders' equity. C. Balance sheets for companies in the same industry will not necessarily look similar. For example, companies in the same industry may have quite different strategies. One might be capital intensive, with large amounts of property, plant, and equipment. Another may rely less on fixed assets, but it may have large accounts receivable because of a lenient credit policy. In addition, one may have large bank loans while another has greater owner investment and thus larger owners' equity or stockholders' equity. D. None of the above statements are correct