The following information is available for both Pulaski Company and Scott Company at the current year$-$end.

Pulaski Company Scott Company

Total assets $ $860,000$ $ $440,000$

Total liabilities $360,000240,000$

Total equity $500,000200,000$

Required:

Compute the debt$-$to$-$equity ratio for both companies.

Which company has the riskier financing structure?