NO.PZ2021091701000025
问题如下：
Which of the following mature companies is most likely to employ a high proportion of debt in its capital structure？
选项：
A.
A mining company with a large, fixed asset base
B.
A software company with very stable and predictable revenues and an assetlight business model
C.
An electric utility
解释：
C is correct. An electric utility has the capacity to support substantial debt, with
very stable and predictable revenues and cash flows. The software company also
has these attributes, but it would have been much less likely to have raised debt
during its development and may have raised equity. The mining company has
fixed assets, which it would have needed to finance, but the cyclical nature of its
business would limit its debt capacity
1 utility不是资本密集型？
2 software为啥不对
