Ex 6

The following information is available for the Maine Company and the Ic Company: Required o. For each company, compute the debt-to-assets ratio and the return-on-equity ratio. b. Determine what percentage of each company's assets were financed by the owners. c. Which company has the greatest level of financial risk? d. Based on profitability alone, which company performed better? e. Do the preceding ratios support the concept of financial leverage? Complete this question by entering your answers in the tabs below. For each company, compute the debt-to-assets ratio d the ret Determine what percentage of each company's assets were financed by the owners. (Rounc