You are considering a stock investment in one of two firms (Lotsof Debt, Incorporated and LotsofEquity, Incorporated), both of which operate in the same industry. LotsofDebt, Incorporated finances its $33.50 million in assets with $32.00 million in debt and $1.50 million in equity. LotsofEquity, Incorporated finances its $33.50 million in assets with $1.50 million in debt and $32.00 million in equity. Calculate the debt ratio. Calculate the equity multiplier. Calculate the debt-to-equity. Complete this question by entering your answers in the tabs below. Debt ratio Equity multiplier Debt to equity Calculate the debt ratio. Note: Round your answers to 2 decimal places. LotsofDebt, Incorporated LotsofEquity, Incorporated Debt ratio % %