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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 $ 2,260,000 $

The following information is available for both Pulaski Company and Scott Company at the current year-end. Pulaski Company Scott Company Total assets $ 2,260,000 $ 1,129,000 Total liabilities 899,000 593,000 Total equity 1,361,000 536,000 Required: 1. Compute the debt-to-equity ratio for both companies. 2. Which company has the riskier financing structure?

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