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The following information was drawn from the Year 8 balance sheets of two companies: During Year 8, Morris's net income was $33,750, while Reeves's net income was $61,600. 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. c. Compute the return-on-equity ratio to measure the level of financial risk of both companies. d. Compare the two ratios computed in Requirement a to identify which company is performing better. f. Identify the company that is using financial leverage to a greater extent. Complete this question by entering your answers in the tabs below. Compute the debt-to-assets ratio to measure the level of financial risk of both companies. The following information was drawn from the Year 8 balance sheets of two companies: During Year 8 , Morris's net income was $33,750, while Reeves's net income was $61,600. 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 financia c. Compute the return-on-equity ratio to measure the level of financial risk of both companies. d. Compare the two ratios computed in Requirement a to identify which company is performing better. f. Identify the company that is using financial leverage to a greater extent. Complete this question by entering your answers in the tabs below. Compare the two ratios computed in Requirement a to identify which company has the higher level of financial risk. Which company has the higher level of financial risk? f. Identify the company that is using financial leverage to a greater extent. Complete this question by entering your answers in the tabs below. Compute the return-on-equity ratio to measure the level of financlal risk of both companies. Complete this question by entering your answers in the tabs below. Compare the two ratios computed in Requirement a to identify which company is performing better. The following information was drawn from the Year 8 balance sheets of two companies: During Year 8, Morris's net income was $33,750, while Reeves's net income was $61,600. 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 c. Compute the return-on-equity ratio to measure the level of financial risk of both companies. d. Compare the two ratios computed in Requirement a to identify which company is performing better. f. Identify the company that is using financial leverage to a greater extent. Complete this question by entering your answers in the tabs below. Identify the company that is using financial leverage to a greater extent. Identify the company that is using financial leverage to a greater extent

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