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Problem 3-5 Calculating Leverage Ratios [LO 2] Mobius, Incorporated, has a total debt ratio of .69. a. What is its debt-equity ratio? Note: Do
Problem 3-5 Calculating Leverage Ratios [LO 2] Mobius, Incorporated, has a total debt ratio of .69. a. What is its debt-equity ratio? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. b. What is its equity multiplier? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. a. Debt-equity ratio b. Equity multiplier times times
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