The following information was drawn from the balance sheets of two companies.

$\backslash$table$[[$Company$,$Assets,Liabilities $+,$Equity$],[$East$,191,000,76,000,115,000],[$West$,592,000,159,000,433,000]]$

Required

a$.$ Compute the debt$-$to$-$assets ratio to measure the level of financial risk of both companies.

b$.$ Compare the two ratios computed in requirement a to identify which company has the higher level of financial risk.

Complete this question by entering your answers in the tabs below.

Required A

Required B

Compute the debt$-$to$-$assets ratio to measure the level of financial risk of both companies. $($Round your answers to $1$ decimal place.$)$

$\backslash$table$[[$Company$,\backslash$table$[[$Debt to Assets$],[$Ratio$]],],[$East$,\%,],[$West$,$vdots,$\%$