a. Calculate the debt ratio and the return on assets using the year-end information for each of the following six separate companies ($ thousands).

b. Of the six companies, which business relies most heavily on creditor financing?
c. Of the six companies, which business relies most heavily on equity financing?
d. Which two companies indicate the greatest risk?
e. Which two companies earn the highest return on assets?
f. Which one company would investors likely prefer based on the risk-return relation?

Microsoft Excel -Book1 Ele Edit Yew Insert Format Tools Data accounting Window Helb Case Assets Liabilities Average Assets Net Income S1)) 40,000 2 Company 1 Company 2 4 Company 3 5 Company 4 Company 5 Company 6 $90,500 Ax) 32,500 147,000 92,000 104,500 $11,765 46,720 26,650 55,860 31,280 52,250 $20,000 3,0) 650 21,000 7520 12,) 200,000 40,000 80,000 8 M Sheet