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Exercise 2-22 Calculating and Interpreting the debt ratio LO A2 Company Dreamworks Pixar Universal Expenses Total Assets $ 29,000 $145,000 121,000 168,000 30,000 104,000 Net
Exercise 2-22 Calculating and Interpreting the debt ratio LO A2 Company Dreamworks Pixar Universal Expenses Total Assets $ 29,000 $145,000 121,000 168,000 30,000 104,000 Net Income Total Liabilities $55,000 $135, 200 81,000 150, 600 8,600 54,600 a. Compute the debt ratio for each of the three companies (Round your answers to 2 decimal places.) Company Debt Ratio Dreamworks Prxar Universal b. Which company has the most financial leverage? Universal b. Which company has the most financial leverage? Largest financial leverage
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