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At the end of the current year the following information is

Question: At the end of the current year, the following information is available for both West Elm Company and East Park Company.

West Elm Company East Park Company

Total assets . . . . . . . . . . $396,396 $1,650,000

Total liabilities . . . . . . . . 178,596 1,237,500

Total equity . . . . . . . . . . 217,800 412,500

Required: 1. Compute the debt-to-equity ratios for both companies.

2. Comment on your results and discuss what they imply about the relative riskiness of these companies.

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Accounting Basics: At the end of the current year the following information is

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