You are considering a stock investment in one of two firms $($LotsofDebt$,$ Incorporated and LotsofEquity, Incorporated$),$ both of which operate in the same industry. LotsofDebt, Incorporated finances its $$38\mathrm{.}75$ million in assets with $$34\mathrm{.}00$ million in debt and $$4\mathrm{.}75$ million in equity. LotsofEquity, Incorporated finances its $$38\mathrm{.}75$ million in assets with $$4\mathrm{.}75$ million in debt and $$34\mathrm{.}00$ million in equity.

Calculate the debt ratio.

Calculate the equity multiplier.

Calculate the debt$-$to$-$equity.