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Problem 10-6A Applying the debt-to-equity ratio LO A3 At the end of the current year, the following information is available for both Pulaski Company and
Problem 10-6A Applying the debt-to-equity ratio LO A3 At the end of the current year, the following information is available for both Pulaski Company and Scott Company. Pulaski Company $2,326,000 Scott Company $1,195,000 833,000 527,000 1,493,000 668,000 Total assets. Total liabilities Total equity Required: 1. Compute the debt-to-equity ratios for both companies. 2. Which company has the riskier financing structure? Complete this question by entering your answers in the tabs below. h Required 1 Required 2 Compute the debt-to-equity ratios for both companies. Pulaski Company Scott Company Choose Numerator: T Choose Denominator: 1 1 1 0 0
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