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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
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 $ 2,282,000 $ 1,151,000 877,000 1,405,000 571,000 580,000 Required: 1. Compute the debt-to-equity ratio for both companies. 2. Which company has the riskier financing structure? es Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the debt-to-equity ratio for both companies. Pulaski Company Scott Company Choose Numerator: I Choose Denominator: I I = = < Required 1 Required 2 > Debt-to-Equity Ratio 0 0
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