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Company A has liabilities of $6,773,000 and stockholders' equity of $3,647,000 at the end of the current year,and sales revenue of $9,800,000 and net income of $899,080 for the year.Company B has assets of $1,680,000 and stockholders' equity of $978,750 at the end of the current year,and sales revenue of $1,950,000 and net income of $351,000 for the year.
Required:
Part a.P1P1_0.95Calculate the debt-to-assets ratio for each company.P1P1_E
Part b.Identify the company that has greater financing risk and explain why.
Stressors
External pressures or events that cause stress, which can be physical, psychological, or emotional in nature, impacting individual well-being and health.
Type B Personality
A character type marked by a calm, tolerant, and laid-back attitude.
Pessimistic Outlook
A tendency to see the worst aspect of things or believe that the worst will happen; a lack of hope or confidence in the future.
Stressor
A chemical or biological agent, environmental condition, external stimulus, or an event that causes stress to an organism.
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