Wolfe Company has debt totaling $2,000,000 and total stockholders' equity of $4,200,000. Tiger Company has debt totaling $3,100,000 and stockholders' equity of $5,000,000. a. Calculate the debt ratio for each company. (Hint: You will find an explanation of the debt ratio and how it is computed in Exhibit 10-8.) b. Identify the correct statement. Complete this question by entering your answers in the tabs below. Calculate the debt ratio for each company. (Hint: You will find an explanation of the debt ratio and how it is computed in Exhibit 10-8.) (Round your answers to 1 decimal place.)