Question: Exercise 2-29 (Static) Calculating and interpreting the debt ratio LO A2 {:[ Company , Expenses , Total Assets , Net Income , Total Liabilities ],[
Exercise 2-29 (Static) Calculating and interpreting the debt ratio LO A2 {:[" Company "," Expenses "," Total Assets "," Net Income "," Total Liabilities "],[" Drearaworks ",$22","000,$40","000,$19","000,$30","000],[" Pixar ",67","000,150","000,27","000,147","000],[" Universal ",12","000,68","000,5","000,17","000]:} a. Compute the debt ratio for each of the three companies. Note: Round your answers to 2 decimal places. Company Debt Ratio Dreamworks Pixar Universal b. Which company has the most risk from financial leverage? Which company has the most risk from financial leverage
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