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11 You are considering a stock investment in one of two firms (LotsofDebt, Inc. and LotsofEquity, Inc.), both of which operate in the same industry.

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11 You are considering a stock investment in one of two firms (LotsofDebt, Inc. and LotsofEquity, Inc.), both of which operate in the same industry. LotsofDebt, Inc, finances its $33.00 million in assets with $30.50 million in debt and $2.50 million in equity. LotsofEquity, Inc. finances its $33.00 million in assets with $2.50 million in debt and $30.50 million in equity. Calculate the debt ratio. (Round your answers to 2 decimal places.) Debt ratio 01:26:49 % LotsofDebt, Inc. LotsofEquity, Inc. % Skipped Calculate the equity multiplier. (Round your answers to 2 decimal places.) Equity multiplier times LotsofDebt, Inc. LotsofEquity, Inc. times Calculate the debt-to-equity. (Round your answers to 2 decimal places.) Debt-to-equity times LotsofDebt, Inc LotsofEquity, Inc. times ********

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