TABLE $16\mathrm{.}7$

Book value long$-$term debt$-$equity ratios for selected industries in $C_{\text{a}\text{n}\text{a}\text{d}\text{o}},2$n

from the table what is noticed about the types of industry in respect to ratios? are certain types of industries more likely to be highly leveraged than others? what are possible reasons for this segnentation? do tthe operating results and tax history of the firms play a role? How about future earnings prospects?Explain.