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Shown below are data from recent reports of two toy makers. Dollar amounts are stated in thousands. Toyco Pemco Total assets $ 615,132 $ 2,780,500
Shown below are data from recent reports of two toy makers. Dollar amounts are stated in thousands. |
Toyco | Pemco | ||||
Total assets | $ | 615,132 | $ | 2,780,500 | |
Total liabilities | 349,792 | 1,105,735 | |||
Interest expense | 28,026 | 39,588 | |||
Operating income | 13,028 | 304,672 | |||
a-1. | Compute debt ratio for each company. (Round your answers to the nearest whole percent.)
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