Question: Selected financial data for these two close competitors in the home building industry are provided below Company Company (S in millions) Total assets Total liabilities

Selected financial data for these two close competitors in the home building industry are provided below Company Company (S in millions) Total assets Total liabilities Total stocknolders' equity $ 40,950 $ 33,100 21,450 13,950 19,500 19,150 Sales Interest expense s 66,170 S 47,250 340 1,400 1,070 680 Tax expense Net income 2.630 1,730 1-a. Calculate the debt to equity ratio for Company A and Company B. (Round your answers to 2 decimal places.) Equity Ratio Company A Company B 1-b. Which company has the higher ratio? 0 Company A O Company B

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