Problem 3-6 Debt Management Ratios (LG3-3) 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 $36.50 million in assets with $33.25 million in debt and $3.25 million in equity. LotsofEquity, Inc. finances its $36.50 million in assets with $3.25 million in debt and $33.25 million in equity Calculate the debt ratio. (Round your answers to 2 decimal places.) Debt ratio Lots of Debt Lots of Equity Calculate the equity multiplier. (Round your answers to 2 decimal places.) Equity multiplier Lots of Debt times Lots of Equity times the debt-to-equity. (Round your answers to 2 decimal places.) Debt-to-e Lots of Debt mes Lots of Equity