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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 $433,000 $202,000

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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 $433,000 $202,000 Total assets 442,300 411,000 Secured liabilities 2e7,000 161,000 Unsecured liabilities 237,300 274,700 Which company appears to have the riskier secured debt? Singh Inc. Grant Inc

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