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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 =$39,145 million and Total assets =$42,966 million.
(a) Compute Home Demo's debt ratio.
(b) Assuming Lows Hardware (a competitor) has a debt ratio of 60%, 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
91.1%
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