Homework: HW_CH12 HW Score: 0%, 0 Score: 0 of 3 pts 4 of 4 (0 complete) Problem 12-10 (similar to) (Assessing leverage use) Financial data for three corporations are displayed here: B 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.) A. Firm A B. Firm B Data Table O C. Firm C in order to copy its contents into a spreadsheet.) (Click on the following icon MEASURE Debt ratio Times interest earned Price/earnings ratio FIRMA 30% 8 times 9 times FIRMB 35% 10 times 11 times FIRMC 50% 7 times 6 times INDUSTRY NORM 30% 9 times 10 times Print Done