Crystal Lake, Inc., has a total debt ratio of 0.23. Note: once you know the total debt ratio, you automatically also know the total equity ratio, as the total debt ratio + the total equity ratio = 100%.

Required:

(a)	What is its debt-equity ratio?
	A) 0.30 B) 5.35 C) 3.01 D) 0.19 E) 3.35

(b)	What is its equity multiplier?
	A) 6.35 B) 4.35 C) 4.01 D) 1.19 E) 1.30