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1. Crystal Lake, Inc., has a total debt ratio of 0.37. 1.1 What is its debt-equity ratio? a. 1.53 b. .27 c. 59 d. 1.70

1. Crystal Lake, Inc., has a total debt ratio of 0.37.

1.1 What is its debt-equity ratio?

a. 1.53

b. .27

c. 59

d. 1.70

e. 3.70

1.2 What is its equity multiplier?

a. 4.7

b. 2.7

c. 1.59

d. 2.53

e. 1.27

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