Question: Two public corporations, first Engineering and Midwest Development each show capitalization of $175 million in their annual reports. The balance sheet for First Engineering indicates

Two public corporations, first Engineering and Midwest Development each show capitalization of $175 million in their annual reports. The for First Engineering indicates a total debt of $87 million, and that of Midwest Development indicates a net worth of $62 million. Determine the D-E mix for each company.

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