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You are considering a stock investment in one of two firms (LotsofDebt, Inc. and LotsofEquity, Inc.), both of which operate in the same industry. Lotsof

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You are considering a stock investment in one of two firms (LotsofDebt, Inc. and LotsofEquity, Inc.), both of which operate in the same industry. Lotsof Debt, Inc. finances its $34.25 million in assets with $32.25 million in debt and $2.00 million in equity. LotsofEquity, Inc. finances its $34.25 million in assets with $2.00 million in debt and $32.25 million in equity. Calculate the debt ratio. (Round your answers to 2 decimal places.) LotsofDebt, Inc. LotsofEquity, Inc. LotsofDebt, Inc. LotsofEquity, Inc. Debt ratio Calculate the equity multiplier. (Round your answers to 2 decimal places.) % LotsofDebt, Inc. LotsofEquity, Inc. Equity multiplier times times Calculate the debt-to-equity. (Round your answers to 2 decimal places.) Debt-to-equity times times

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