Question: Exercise 2 - 2 9 ( Algo ) Calculating and interpreting the debt ratio LO A 2 CompanyExpensesTotal AssetsNet IncomeTotal LiabilitiesDreamWorks$ 4 8 , 0

Exercise 2-29(Algo) Calculating and interpreting the debt ratio LO A2
CompanyExpensesTotal AssetsNet IncomeTotal LiabilitiesDreamWorks$ 48,000$ 105,000$ 45,000$ 87,000Pixar106,000163,00066,000149,600Universal25,00094,0007,60040,800
Compute the debt ratio for each of the three companies.
Note: Round your answers to 2 decimal places.

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