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Home Demo reports the following: Total liabilities = $ 3 9 , 1 4 5 million and Total assets = $ 4 2 , 9
Home Demo reports the following: Total liabilities $ million and Total assets $ million.
a Compute Home Demo's debt ratio.
b Assuming Lows Hardware a competitor has a debt ratio of which company has higher risk from financial leverage?
Complete this question by entering your answers in the talbs below.
Required A
Required B
Compute Home Demo's debt ratio.
Note: Round your answer to one decimal place.
Debit ratio
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