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Problem 10-7A (Algo) Applying the debt-to-equity ratio LO A2 The following information is available for both Pulaski Company and Scott Company at the current
Problem 10-7A (Algo) Applying the debt-to-equity ratio LO A2 The following information is available for both Pulaski Company and Scott Company at the current year-end. Pulaski Company Scott Company Total assets Total liabilities Total equity Required: $ 2,337,000 $ 1,206,000 822,000 1,515,000 516,000 690,000 1. Compute the debt-to-equity ratio for both companies. 2. Which company has the riskier financing structure?
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