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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 | 860,000 | 440,000 | |
total liabilities | 360,000 | 240,000 | |
total equity | 500,000 | 200,000 |
1.comupte the deb to equity ratios for both companies
2.comment on your results and discuss the riskiness of each company's financing structure
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