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Exercise 2-22 Calculating and interpreting the debt ratio LO A2 Company Dreamworks Pixar Universal Expenses Total AssetsNet Income Total Liabilities $32,000 $ 65,000 $29,000 $
Exercise 2-22 Calculating and interpreting the debt ratio LO A2 Company Dreamworks Pixar Universal Expenses Total AssetsNet Income Total Liabilities $32,000 $ 65,000 $29,000 $ 50,700 82,000 155,000 42,000 148,000 17,000 78,000 6,000 22,880 a. Compute the debt ratio for each of the three companies. (Round your answers to 2 decimal places.) Debt Ratio Company Dreamworks Pixar Universal b. Which company has the most financial leverage? Largest financial leverage
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