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Boyd, Inc., has a total debt ratio of 0.80. Requirement 1: What is its debt-equity ratio? (Round your answer to 2 decimal places. Debt-equity ratio

Boyd, Inc., has a total debt ratio of 0.80. Requirement 1: What is its debt-equity ratio? (Round your answer to 2 decimal places. Debt-equity ratio ??? Requirement 2: What is its equity multiplier? (Round your answer to 2 decimal places. Equity multiplier

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