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The following information is available for both Pulaski Company and Scott Company at the current year-end. Pulaski Company $ 860,000 360,000 500,000 Total assets Total
The following information is available for both Pulaski Company and Scott Company at the current year-end. Pulaski Company $ 860,000 360,000 500,000 Total assets Total liabilities Total equity Required: 1. Compute the debt-to-equity ratio for both companies. 2. Which company has the riskier financing structure? Complete this question by entering your answers in the tabs below. Required 1 Scott Company $ 440,000 240,000 200,000 Required 2 Pulaski Company Scott Company Compute the debt-to-equity ratio for both companies. Choose Numerator: 1 Choose Denominator: 1 1 1
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