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At the end of the current year, the following information is available for both Pulaski Company and Scott Company. Total assets Total liabilities Total equity
At the end of the current year, the following information is available for both Pulaski Company and Scott Company. Total assets Total liabilities Total equity Pulaski Company $2,326,000 833,000 1,493,000 Scott Company $1,195,000 527,000 668,000 Required: 1. Compute the debt-to-equity ratios for both companies. 2. Which company has the riskier financing structure? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the debt-to-equity ratios for both companies. Choose Numerator: Choose Denominator: Debt-to-Equity Ratio Pulaski Company Scott Company i At the end of the current year, the following information is available for Total assets Total liabilities Total equity Pulaski Company $2,326,000 833,000 1,493,000 Scott Company $1,195,000 527,000 668,000 Required: 1. Compute the debt-to-equity ratios for both companies. 2. Which company has the riskier financing structure? Complete this question by entering your answers in the tabs below. UUUUUUUUUUUUULLLLLLLLL Required 1 Required 2 Which company has the riskier financing structure? Which company has the riskier financing structure
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