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Queen, Inc., has a total debt ratio of .32. a. What is its debt-equity ratio? (Do not round intermediate calculations. Round your answer to 2
Queen, Inc., has a total debt ratio of .32. |
a. | What is its debt-equity ratio? (Do not round intermediate calculations. Round your answer to 2 decimal places, e.g., 32.16.) |
b. | What is its equity multiplier? (Do not round intermediate calculations. Round your answer to 2 decimal places, e.g., 32.16.) |
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