Question: Please show work for a better understanding Based on the Income Statement and Balance sheet below calculate the Debt to Equity Ratio for the commercial
Please show work for a better understanding




Based on the Income Statement and Balance sheet below calculate the Debt to Equity Ratio for the commercial construction company. Advise how it ranks in this sector. RIC W CONSTRIICTION Cument Lilfies Owner's Equily Capila Stock Retaied Eamigs \begin{tabular}{rc} 10,0100 & 10,0110 \\ 436,917 & 358,94 \\ - & - \\ \hline 446,917 & 36,914 \\ \hline 1,029,081 & 827,190 \\ \hline \end{tabular} INCUME STATEMENT REVENUE 3,798,950 100_.0\% CONSTRUCTION COSTS Materials Labor Sibcontract Equiment Other Total Construction Costs \begin{tabular}{rr} 713,462 & 18.8% \\ 902,511 & 23.8% \\ 1,450,352 & 38.2% \\ 121,123 & 32% \\ 5,152 & 0.1% \\ \hline 3,192,013 & 84.1% \end{tabular} EQUIIMEINT COSIS GROSS PROFT GI, 6,0716.0% OVERHEAD 122,50211.1% NET PROFTT FROM OPERATIONS 183,485 4.8% \begin{tabular}{l|l|l} OTHER INCOME AND EXTENSE & 21,521 & 0.6% \end{tabular} PROFTT BEFORE TAX INCOME TAX PROFIT AFTER TAX \begin{tabular}{rr} 169,482 & 15% \\ \hline \end{tabular} 0.96 within range for this sector 1.30 within range for this sector 1.33 within range for this sector 1.30 not within range for this sector Based on the Income Statement and Balance sheet below calculate the Debt to Equity Ratio for the commercial construction company. Advise how it ranks in this sector. RIC W CONSTRIICTION Cument Lilfies Owner's Equily Capila Stock Retaied Eamigs \begin{tabular}{rc} 10,0100 & 10,0110 \\ 436,917 & 358,94 \\ - & - \\ \hline 446,917 & 36,914 \\ \hline 1,029,081 & 827,190 \\ \hline \end{tabular} INCUME STATEMENT REVENUE 3,798,950 100_.0\% CONSTRUCTION COSTS Materials Labor Sibcontract Equiment Other Total Construction Costs \begin{tabular}{rr} 713,462 & 18.8% \\ 902,511 & 23.8% \\ 1,450,352 & 38.2% \\ 121,123 & 32% \\ 5,152 & 0.1% \\ \hline 3,192,013 & 84.1% \end{tabular} EQUIIMEINT COSIS GROSS PROFT GI, 6,0716.0% OVERHEAD 122,50211.1% NET PROFTT FROM OPERATIONS 183,485 4.8% \begin{tabular}{l|l|l} OTHER INCOME AND EXTENSE & 21,521 & 0.6% \end{tabular} PROFTT BEFORE TAX INCOME TAX PROFIT AFTER TAX \begin{tabular}{rr} 169,482 & 15% \\ \hline \end{tabular} 0.96 within range for this sector 1.30 within range for this sector 1.33 within range for this sector 1.30 not within range for this sector
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