A company reports the following. Expenses Net income $ 53,600 Total assets 81,800 Total liabilities $...

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A company reports the following. Expenses Net income $ 53,600 Total assets 81,800 Total liabilities $ 496,000 272,800 a. Compute the company's debt ratio. b. Compared to the average debt ratio of 80% for competitors, does this company have a higher or lower risk from financial leverage? Complete this question by entering your answers in the tabs below. Required A Required B Compute the company's debt ratio. Debt ratio % Required B > A company reports the following. Expenses Net income $ 53,600 Total assets 81,800 Total liabilities $ 496,000 272,800 a. Compute the company's debt ratio. b. Compared to the average debt ratio of 80% for competitors, does this company have a higher or lower risk from financial leverage? Complete this question by entering your answers in the tabs below. Required A Required B Compute the company's debt ratio. Debt ratio % Required B >

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a Debt ratio Total liabilities Total as... View the full answer