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Use the following information to calculate the ratio of pledged assets to secured liabilities for both companies Grant Inc.Singh Inc. Pledged assets $428,000 $249,000 Total
Use the following information to calculate the ratio of pledged assets to secured liabilities for both companies Grant Inc.Singh Inc. Pledged assets $428,000 $249,000 Total assets 434, 100 S05,000 Secured liabilities 202,000 206,000 Unsecured liabilities 229,900 351,200 Which company appears to have the riskier secured debt? Singh Inc Grant Inc
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