At the end of the current year, the following information is available for both pulaski company and scott company. pulaski company scott company total assets $ 860,000 $ 440,000 total liabilities 360,000 240,000 total equity 500,000 200,000 required: 1. compute the debt-to-equity ratios for both companies

ratio =  1.2 : 1

Explanation:

given data

                  Pulaski companyscott company  

Total assets     860,000          440,000  

total liabilities     360,000          240,000  

total equity     500,000           200,000

to find out

Compute the debt-to-equity ratios for both companies

solution

we get here debt-equity ratio that is express as

debt-equity ratio =    

here we get

Pulaski company =      

Pulaski company =      

ratio are =  1.2 : 1

(a) when insurance is obtained through a reciprocal insurer, the insureds are sharing the risk of loss with other subscribers of that reciprocal.

i really hope this answer you out! it makes my day people like you and giving back to the community that has me through school! if you could do me a favor, if this you and this is the very best answer and you understand that all of my answers are legit and top notch. mark as brainliest! and have a awesome day!