Refer to the observed capital structure in the table below. Comment on what you cannotice about industries with respect to average debt-equity ratios? Are certain types of industries likely to be highly leveraged than others? What are some of the possible reasons for this observed segmentation? Do the operating results and tax history of the firm play a role? How about their future earnings prospects? Discuss Continental Airlines once filed for bankruptcy, at least in part, as means of reducing labor costs. Whether this move is ethical or proper was hotly debated. Give both sides of the argument