Dong Corporation has a debt to total assets ratio of 45%, while its competitor, Du Ltd., has

Question:

Dong has a debt to total assets ratio of 45%, while its competitor, Du Ltd., has a debt to total assets ratio of 55%. Based on this information, which company is more solvent? Why?
Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...