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From the balance sheets below, of a firm for 2008 and 2009, calculate Debt-Equity Ratio and Equity multiplier in 2009. 2008 2009 Total Asset 422,300

From the balance sheets below, of a firm for 2008 and 2009, calculate Debt-Equity Ratio and Equity multiplier in 2009.

2008

2009

Total Asset

422,300

448,750

Equity

240,050

273,550

Group of answer choices

0.69 and 1.77

0.64 and 1.64

0.74 and 1.89

0.54 and 1.39

0.59 and 1.51

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