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The following information is available for both Pulaski Company and Scott Company at the current year-end. Total assets Total liabilities Total equity Pulaski Company Scott
The following information is available for both Pulaski Company and Scott Company at the current year-end. Total assets Total liabilities Total equity Pulaski Company Scott Company $ 2,348,000 $ 1,217,000 811,000 505,000 1,537,000 712,000 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 Required 2 Compute the debt-to-equity ratio for both companies. Choose Numerator: 1 Choose Denominator: / Debt-to-Equity Ratio / - Pulaski Company Scott Company 1 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Which company has the riskier financing structure? Which company has the riskier financing structure?
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