Question
Based on the following summary financial statements, which company is more risky based on the debt/leverage ratios? Explain your answer. Company 1 Company 2 Company
Based on the following summary financial statements, which company is more risky based on the debt/leverage ratios? Explain your answer.
| Company 1 | Company 2 | Company 3 | Company 4 | |
| Total Assets | $131,176 | $204,654 | $355,131 | $401,576 |
| Total Liabilities | $167,662 | $158,206 | $216,330 | $317,103 |
| Net Income | $86,435 | $150,088 | $214,120 | $316,861 |
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Accounting Information Systems Connecting Careers Systems And Analytics
Authors: Arline A. Savage, Danielle Brannock, Alicja Foksinska
1st Edition
1119744474, 9781119744474
