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 $30.50 million in assets with $29.25 million in debt and $1.25 million in equity. LotsofEquity, Incorporated finances its $30.50 million in assets with $1.25 million in debt and $29.25 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 Calculate the debt ratio. Note: Round your answers to 2 decimal places. Debt ratio LotsofDebt, Incorporated % LotsofEquity, Incorporated %