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Two online travel companies, E-Travel and Pricecheck, provide the following selected financial data: E-Travel Pricecheck Total assets $ 6,237,156 $ 1,886,224 Total liabilities 3,454,475 478,610

Two online travel companies, E-Travel and Pricecheck, provide the following selected financial data: E-Travel Pricecheck Total assets $ 6,237,156 $ 1,886,224 Total liabilities 3,454,475 478,610 Total stockholders equity 2,782,681 1,407,614 Sales revenue $ 3,055,426 $ 2,438,212 Interest expense 86,233 26,084 Income tax expense 158,400 49,168 Net income 303,526 493,472 Required: 1-a. Calculate the debt to equity ratio for E-Travel and Pricecheck. 1-b. Which company has higher leverage risk? 2-a. Calc

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