Question: QS 2-19 (Algo) Computing and using the debt ratio LO A2 Home Demo reports the following: Total liabilities =$39,401 million and Total assets =$42,966 million.
QS 2-19 (Algo) Computing and using the debt ratio LO A2 Home Demo reports the following: Total liabilities =$39,401 million and Total assets =$42,966 million. (a) Compute Home Demo's debt ratio. (b) Assuming Lows 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. Compute Home Demo's debt ratio. (Round your answer to one decimal place.)
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