QS $2-19($Algo$)$ Computing and using the debt ratio LO A$2$

Home Stores reported the following: Total liabilities $=$$$39,337$ million and Total assets $=$$$42,966$ million.

$($a$)$ Compute Home Stores debt ratio.

$($b$)$ Assuming Loews Hardware $($a competitor$)$ has a debt ratio of $60\%,$ which company has higher risk from financial leverage?

Complete this question by entering your answers in the tabs below.

Required $A$

Compute Home Stores debt ratio.

Note: Round your answer to one decimal place.

Debt ratio

$\%$