1. Tech Innovators and Digital Pioneers reported the following for 2023:

Tech Innovators:

• Revenue: $250 million
• COGS: $150 million
• Operating Expenses: $110 million
• Net Income: -$10 million
• Total Assets: $270 million
• Total Liabilities: $130 million

Digital Pioneers:

• Revenue: $245 million
• COGS: $145 million
• Operating Expenses: $112 million
• Net Income: -$12 million
• Total Assets: $265 million
• Total Liabilities: $135 million

Compare the gross profit margins of both companies. Calculate the operating profit margins. Determine which company has a better debt-to-equity ratio.