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  1. business
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  3. the following information was drawn from the balan

The following information was drawn from the balance sheets of two companies. \table[[Company,Assets,Liabilities +,Equity],[East,191,000,76,000,115,000],[West,592,000,159,000,433,000]]...

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Accounting

The following information was drawn from the balance sheets of two companies.
\table[[Company,Assets,Liabilities +,Equity],[East,191,000,76,000,115,000],[West,592,000,159,000,433,000]]
Required
a. Compute the debt-to-assets ratio to measure the level of financial risk of both companies.
b. Compare the two ratios computed in requirement a to identify which company has the higher level of financial risk.
Complete this question by entering your answers in the tabs below.
Required A
Required B
Compute the debt-to-assets ratio to measure the level of financial risk of both companies. (Round your answers to 1 decimal place.)
\table[[Company,\table[[Debt to Assets],[Ratio]],],[East,%,],[West,vdots,%
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