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Compute home demo debt ratio

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Reference no: EM133178023

Question - Home Demo reports the following: Total liabilities = $38,633 million and Total assets = $42,966 million.

(a) Compute Home Demo's debt ratio.

(b) Assuming Lows Hardware (a competitor) has a debt ratio of 60%, which company has higher risk from financial leverage?

Reference no: EM133178023

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