Question: please help thank you ! Exercise 2-29 (Algo) Calculating and interpreting the debt ratio LO A2 Company Dreamworks pixar Universal Expenses $ 46,000 103,000 24,000
Exercise 2-29 (Algo) Calculating and interpreting the debt ratio LO A2 Company Dreamworks pixar Universal Expenses $ 46,000 103,000 24,000 Total Assets $ 100,000 162,000 92,000 Net Income $ 43,000 63,000 7,400 Total Liabilities $ 86,000 149, 400 38,280 a. Compute the debt ratio for each of the three companies (Round your answers to 2 decimal places.) Debt Ratio Company Dreamworks Pixar Universal b. Which company has the most financial leverage? Largest financial leverage
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