Question: Two public corporations, First Engineering and Midwest Development, eachshow capitalization of $165 million in their annual reports. The balance sheet forFirst indicates total debt of

Two public corporations, First Engineering and Midwest Development, eachshow capitalization of $165 million in their annual reports. The balance sheet forFirst indicates total debt of $116 millionand that of Midwest indicates net worthof $107 million. Determine the D-E mix for each company.

The D-E mix for First Engineering is % - %.

The D-E mix for Midwest Developmentis % - %.

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