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At the end of the current year, the following information is available for both Pulaski Company and Scott Company. Pulaski Company Scott Company Total assets

At the end of the current year, the following information is available for both Pulaski Company and Scott Company.

Pulaski Company Scott Company
Total assets $ 2,326,000 $ 1,195,000
Total liabilities 833,000 527,000
Total equity 1,493,000 668,000

Required:
1.

Compute the debt-to-equity ratios for both companies.

Show numerator, denominator and then debt to equity ratio

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