Chapter 3: Exercises & Problems i 12 0.58 points Exercise 3-23A (Algo) Using ratio analysis to assess financial risk LO 3-5 The following information was drawn from the balance sheets of two companies. Company Assets Liabilities+ Equity eBook East 206,000 West 596,000 Required 93,000 113,000 170,000 426,000 Hint Print Reference a. Compute the debt-to-assets ratio to measure the level of financial risk of both companies. b. Compare the two ratios computed in requirement a to identify which company has the higher level of financial risk. Complete this question by entering your answers in the tabs below. Required Required A B Compute the debt-to-assets ratio to measure the level of financial risk of both companies. (Round your answers to 1 decimal place.) Debt to Company Assets Ratio East % West % < Required A Required B >