The following information is available for the Maine Company and the lowa Company: Total assets Total liabilities Stockholders' equity Net income Maine Co. $ 701,000 418,000 283,000 50,000 Iowa Co. $ 148,000 107,000 41,000 16,000 Required a. For each company, compute the debt-to-assets ratio and the return-on-equity ratio. (Round your answers to 1 decimal place.) Maine lowa Debt to assets ratio % % % Return on equity ratio % b. Determine what percentage of each company's assets were financed by the owners. (Round your answers to 1 decimal place.) Maine % lowa % c. Which company has the greatest level of financial risk? Maine Company lowa Company d. Based on profitability alone, which company performed better? Maine Company lowa Company e. Do the above ratios support the concept of financial leverage? Yes No