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At the end of the current year, the following information is available for both Pulaski...

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Accounting

At the end of the current year, the following information is available for both Pulaski Company and Scott Company.

Pulaski Company Scott Company
Total assets $ 2,348,000 $ 1,217,000
Total liabilities 811,000 505,000
Total equity 1,537,000 712,000

Required: 1. Compute the debt-to-equity ratios for both companies. 2. Which company has the riskier financing structure?

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Pulaski Company $2,348,000 Scott Company $1,217,000 505,000 712,000 otal assets Total liabilities Total equity 811,000 1,537,000 equired: Compute the debt-to-equity ratios for both companies. Which company has the riskier financing structure? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the debt-to-equity ratios for both companies. Choose Numerator: Choose Denominator: Debt-to-Equity Rati Pulaski Company Scott Company SRaquired 1. Required 2 >

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