The following information is available for both Pulaski Company and Scott Company at the current year-end. Required
Question:
The following information is available for both Pulaski Company and Scott Company at the current year-end.
Required
1. Compute the debt-to-equity ratio for both companies.
2. Which company has the riskier financing structure?
Transcribed Image Text:
Pulaski Company Scott Company Total assets $860,000 $440,000 Total liabilities .... 360,000 240,000 Total equity 500,000 200,000
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